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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (43914)	3/30/2009 7:46:48 PM
From: Jacob Snyder	2 Recommendations Read Replies (1) \| Respond to of 95546

SPX closes just below 50dma. If we bounce hard right here, it'd be a very bullish sign (successful retest from above). Otherwise, I think we retest the 11/08 or 3/09 lows soon. SOX chart looks much more bullish than SPX since 11/08: higher highs, and higher lows. seekingalpha.com VIX wants to stay above 40, which, in normal times, would be considered a panic level. But panic is the new normal. Standard & Poor's knocked the United States' triple-A sovereign credit rating down by one notch amid concerns about the country's widening budget deficit and the possible need for more steps to stabilize its banking system...S&P credit analyst David Beers said the "deterioration of America's public finances will likely require a number of years of sustained effort to repair on a scale greater than factored into the government's current plans." online.wsj.com (Just kidding. It was actually Ireland. Can't happen here...) Nokia pulls more than US$5 billion in business from contract manufacturers, iSuppli says digitimes.com Banks are quietly declining to take possession of properties at the end of the foreclosure process, most often because the cost of the ordeal — from legal fees to maintenance — exceeds the diminishing value of the real estate. nytimes.com Chrysler and Fiat's shotgun wedding: nytimes.com Inflation Is Tempting for Indebted Nations online.wsj.com