Sector Watch: Semi Index -SOX- sets new 11 month low 2004/07/26 14:20:33
: The index (SOX 398.88, -1.6%) has posted losses over the last four weeks with today's retreat establishing yet another fresh 11 month low. Pacing the way on the downside today are: NSM -4.7%, XLNX -4.1%, BRCM -3.9%, LSI -3.4%, TER -3.2%, AMD -3%. Only one stock is currently bucking the bearish bias today (INTC +0.7%). The SOX Index is probing support at a series of weekly highs from last July near 397 with the next short term floor in the 394/393 area (congestion/initial recovery high from Dec 2002
Ticker Symbol(s): NSM XLNX BRCM LSI TER AMD INTC
