aj99 you wrote OK, how about Happy Family Theory of Markets? answer: (1)For major bottoms agree. (2)But I do not see this as a major bottom. (3)See note form Les. <A HREF="http://www.investorshub.com/boards/read_msg.asp?message_id=3015234" target="_new">http://www.investorshub.com/boards/read_msg.asp?message_id=3015234</A> (4)Look at these % gains. Maybe some one made a little money ? <pre> SMH1 7.7 Today Plow %gain 1 VTSS 5.03 4.26 18.1 2 AMKR 9.05 7.80 16.0 3 ATML 6.20 5.79 7.1 4 BRCM 39.07 36.63 6.7 5 NSM 41.10 38.55 6.6 6 SNDK 23.96 22.53 6.3 7 TER 20.85 19.64 6.2 8 ADI 43.87 41.50 5.7 9 MU 13.84 13.18 5.0 10 SMH 35.81 34.50 3.8 11 AMD 14.40 13.90 3.6 </pre>