Thursday, August 26, 2010

Semiconductors - Lowest Close In 5 Months


Stocks opened higher today but quickly fell into negative territory with the biotechs and semis leading the way lower. The ETF for the semis symbol SMH made its lowest close for the past 5 months.  The year low which was made in February comes in at 24.42 and is within a day's range of being tested.

Posted by Kevin

1 comment:

Anonymous said...

I could be me, but this screams buy as we reached the lower band of trading range.
Jack

7:37 AM

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