Technology Stocks : Wennerstrom Semi Equipment Analysis


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To: Sam who wrote (56159)5/3/2012 4:11:07 PM
From: Return to Sender1 Recommendation  Read Replies (1) of 59938
 
Sam, are we closer to a market top or market bottom now?




Is sentiment showing much fear?

I would agree that the market could continue on higher for a while. All it would take is a mere 7.2% gain for the INDU to hit a double top. Market breadth is not what it needs to be for the market to go any higher than that in my humble opinion.

I think the SOX has already topped for this cycle.

RtS
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