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

To: Return to Sender who wrote (76679)	8/13/2017 5:47:59 PM
From: Donald Wennerstrom	3 Recommendations Recommended By Return to Sender Sam The Ox Read Replies (1) \| Respond to of 95520

Making a long term chart of the SOX starting in the latter half of 1997, the table for BtB can easily be placed underneath for comparison purposes. A few items of note. After falling from the peak of over 1100 in March 2000, the SOX ended 2002 at 289. By the end of 2003 the SOX had rebounded to 508. However, that level was not breached again until the end of 2013 at 535, a period of 10 years. During that time, the SOX meandered in the 300 to 500 range with very little response to the variations in the BtB during that period. Since the recovery started in 2009, the major indices have been on essentially a steady rise with the NASDAQ rising to the highest level greatly outperforming the DOW and S&P-500. Now over the approximate 20 year period of the chart, the SOX, DOW, and S&P-500 are essentially at the same level with a 200% gain. Micron is a different story. At the moment it has about a 25% gain over the 20 year period, but for most of those years it was "underwater". It had a beautiful peak in 2000 outdoing all the other curves, but then it was over, crashing to a bottom in 2003. It even went further down to a lower bottom in 2009. It took until the year ending 2013 to finally "break even" with 0% gain, again a period of 10 years underwater without coming up for air. For about an 18 month period beginning in 2013 a nice uptrend was in place, but since then it reached a new interim low at the beginning of 2016 when a new uptrend started to the point where it is now. Where it goes from here? - nobody knows.