<< My guess is a staggered retreat with some Sox companies still climbing while other starting down (we saw SNDK then ZRAN start their own break downs, though that was stopped temporarily here). >>
I tend to agree Zeev. The Semi's clearly looked toppy on the dma info early last January --
We know the Nasdaq just crumbled from there, yet NVLS and AMAT of the semi equip we kicking some tail all the way through May (they were each up 15%- 20% over Jan highs)--