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


To: Donald Wennerstrom who wrote (52580)6/26/2011 8:16:24 PM
From: Return to Sender1 Recommendation  Read Replies (1) | Respond to of 95615
 
Don, I think it is important to note that June is typically the worst month for the market overall on an annual basis other than September since 1950. You should also notice that July is often good:

chartoftheday.com

Today's chart illustrates the Dow's average performance for each calendar month since 1950 (blue columns) and the average monthly performance of the Dow from 1950 to the present (gray line). Today's chart illustrates that the Dow has tended to perform best during the last several months and first several months of a calendar year. During the middle of a calendar year, the Dow has tended to struggle (with the exception of July). It is worth noting that there have been only two calendar months during which the Dow has declined on average -- June and September.



We have been very much in a downtrend but even bear markets have rallies. Furthermore although I agree we have seen the best days already for semiconductor related stocks (most of them anyway) we may yet see new highs for the market overall for this bull run within a long term bear. Probably not for the SOX though.

Last week was actually an up week for the NASDAQ.

RtS



To: Donald Wennerstrom who wrote (52580)6/26/2011 10:42:21 PM
From: Gottfried  Read Replies (1) | Respond to of 95615
 
some indices seem to have made W bottoms. $TRAN has reversed up.
10 indices' charts:

stockcharts.com[]extra[uu[305,A]daolyaci[pb20!b50][dc][ilb14]]



To: Donald Wennerstrom who wrote (52580)7/7/2011 4:16:06 PM
From: The Ox2 Recommendations  Read Replies (2) | Respond to of 95615
 
Perfect timing for your post, Don. Last 2 weeks have been awesome!!! If you had bought just about anything on the 26th, you would have been rewarded handsomely!

Please let me know when to "get in"... <giggle>

This posted from the "good natured 'ribbing'" point of view!!

Going long right now is not the place to be. The overall market is in a downtrend.