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

To: Sam who wrote (85934)	11/17/2020 1:18:37 PM
From: Elroy	Respond to of 95427

Comparing today's prices with the March lows isn't warranted Yeah, I think the better comparison is where prices are today with prices on Jan 1st, 2020. The pandemic dip was a mass panic event, prices declined even for stocks that benefitted from the pandemic. BGA hit $10.39 in March, and is now about $26. They sell food! Pandemic shmandemic, people gonna eat!

To: Sam who wrote (85934)	11/17/2020 1:20:45 PM
From: The Ox	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 95427

SOX is up over 7x from the 2012 lows. Nearly 2.5x from the late 2018 lows. If you bought in early 2018 after the nice 2 year run, it would have been a painful 12 to 15 months waiting for your prices to return. I do think it's wise to look at the index over time, as it should be going up. The weak companies get removed and replaced by stronger entities. The 3 color channels are for reference - to determine trends. Yes, it's very possible for the SOX to continue it's recent strength but I believe that one shouldn't discount the possibility that it's already had a massive move up and may need to consolidate it's run. We'll see....