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

To: Ian@SI who wrote (47913)	5/21/2010 2:07:09 AM
From: Jacob Snyder	Respond to of 95467

Arguably, the spectacular fall in natgas prices, is good for the global economy. That's because it's due to new extraction technologies (shale fracturing), which have increased supplies. Demand is not falling. However, oil has not fallen recently from $87 to $71 due to increasing supplies. It's falling because of decreasing demand, or expectations of falling demand. That's a warning sign, especially when it falls below its 200dma. The last time it did that, was September 2008. disclosure: still bullish, in fact I bought some QCOM and FAN today. But, I'm watching very closely, and getting a bit more nervous every day. The indexes and certain key stocks need to get back above their 200dma, in the next few weeks, or I may dump all my recent purchases. I still think the bull market is intact...for now.