Other SMH components seem to be carrying the SMH making the recent weakness of INTC apparent… earnings and outlook for INTC could have a huge affect on SMH <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=intc:$SOX,uu[700,200]dbclyyay[dd][pc21!c63!b100!b200!b300!d20,2][vc60]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=intc:smh,uu[700,200]dbclyyay[dd][pc21!c63!b100!b200!b300!d20,2][vc60]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=smh,uu[700,200]dbclyyay[dd][pc21!c63!b100!b200!b300!d20,2][vc60]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=intc,uu[700,200]dbclyyay[dd][pc21!c63!b100!b200!b300!d20,2][vc60]>