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

To: Donald Wennerstrom who wrote (78646)	1/21/2018 7:15:12 PM
From: Donald Wennerstrom	2 Recommendations Recommended By Return to Sender Sam Read Replies (1) \| Respond to of 95572

Several posts this week about the SOX and other indices making new highs over the past many years. This chart shows a summary comparison between the SOX and the NASX over the past 20 years. It is rather too large for the limitation on images, but hopefully by clicking on the chart after it is posted, the image will enlarge to full size. The arrows and the table go together to show points on the chart. The first 2 points show the roughly 2 year period from 1998 to the peak of the indices in March 2000 where the SOX gain was 348% to the NASX of 191%. The next interval shows the bottoming in Sep 2002 where both index numbers were less than the beginning values in 1998. However, there was further to go to the downside where another interim bottom occurred in Feb 2009 where the SOX went under 200. From that period, the trend has been up, but a rather "flat spot" occurred of about 14 months from Oct 2014 to Feb 2016. From that point in 2016 the trend to the upside accelerated to the high numbers set this past week. The NASX index value reached in Oct 2014 was the first time it exceeded the old high set in Mar 2000, a period of over 14 years. So in summary, it has taken the NASX over 14 years to exceed the Mar 2000 interim high and it has taken the SOX almost 18 years to exceed its value set in Mar 2000.