Can the SOX form a major bottom without the rest of the market doing the same? Lets look back to 1994 to when the SOX first was formed and see if it has ever happened? In 1996 that may have been what happened: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$indu,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$tran,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$compq,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$xax,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$rut,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$bkx,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$ndx,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$oex,uu[w,a]dallynay[d19940101,20051231][pb200!b50!f]>