SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (10795)8/3/2003 12:09:58 AM
From: Return to Sender  Respond to of 95474
 
Yes very true Don the SPX did close below its 50 day moving average and at the same time the VIX closed above its 50 day moving average for the first time in a very long time.

I think they are directly related events. The VIX needs to fall on Monday while the SPX rallies or we will see more downside in my humble opinion.

More on the precarious situation of the SPX here:

asianinvestoronline.com

I will post the charts from the article over at iHub!

RtS