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Technology Stocks : Semi Equipment Analysis
SOXX 636.47-1.1%Feb 23 4:00 PM EST

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To: Robert O who wrote (89103)10/6/2022 9:59:13 PM
From: Return to Sender1 Recommendation

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Robert O

   of 91825
 
Yeah, I am treating this as a swing trade opportunity. Volume did not confirm a real long term bottom for me. My plan is to sell into strength before or at least by the time CSCO reports earnings on November 16.

That said if you or anyone reading this is buying stocks associated with the SOX then I do not think you can lose longer term.

If this was a true long term bottom then the SOX would be exploding higher. Maybe it will still do that? Chances are the Fed screws the market up big time trying to control inflation.

I am still 40% cash myself.

RtS
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