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

To: Jacob Snyder who wrote (48635)	7/22/2010 3:49:00 PM
From: Sam	Respond to of 95391

FWIW, I will repeat what I said back in June--the SOXX will make a new 52 week high in the next few weeks. It is too soon for topping, IMHO. The strength in Asia will keep pushing us, and the US economy isn't as bad as some of the headlines and some very vocal bears would have us believe. Yes, unemployment numbers are bad, but they too will gradually improve. Companies can't keep expanding the work week much longer, they will be burning their employees out.

To: Jacob Snyder who wrote (48635)	7/26/2010 4:38:42 PM
From: Jacob Snyder	3 Recommendations Read Replies (1) \| Respond to of 95391

Charts: Here we are again. SPX is trying again to get above its 200dma. Every effort to do that, for 2 1/2 months, has failed. 3 months, since the last bull-market high. SOX in a 330-375 range the last 3 months, now near the top of that range. ST traders might take profits, LT bullish investors might buy a breakout above 375, and continue to buy a breakout above the 405 April high. VIX trying, once again, to get below its 200dma. The blue line is the top of the LT 10-20 range before mid-2007. In a bull market, that's where the VIX should be. Consumer Disc./Staples: After spending a month below its 200dma (a very bearish sign), it's now on the bullish side of that line: