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

To: Donald Wennerstrom who wrote (53879)	9/24/2011 1:34:30 PM
From: Donald Wennerstrom	1 Recommendation Respond to of 95572

With only 1 week to go to finish out the first 3Qs of the CY, the charts show the weekly results for the SPX, DJIND, NASDAQ, and SOX. One of the items that "shook" Wall Street this week was the DJIND closing at its weekly low for the year. The SPS avoided that distinction, but not by much. The NASDAQ and SOX have been down, but not to the extent lately compared to the SPX and DJIND. Look at the last 3 weeks of each chart. Note the difference in performance which shows a lot of divergence between the 4 indices. The DJIND had the worst performance. Week 3 was down 500 points, week 2 was up 500 points, and week 1 closed down about 700 points. The SPX this past week also closed lower than week 3. The NASDAQ and SOX, while showing choppy action as well, had an extremely strong week before this past week. Both lost ground this past week, but neither lost nearly as much as the previous week's gain. Also note that overall for all 4 charts, index values are quite a bit less than at the start of the year.