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IBDvalueinvestin (99.64)

Dow Jones U.S. Semiconductor Index has been on a roll Since INTC

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September 10, 2009 – Comments (5) | RELATED TICKERS: USD

gave its rosy picture last week. So if this cyclical sector is going to rally hard then USD is going to rally twice as hard. Its the Pro Shares ETF of the Dow Jones U.S. Semiconductor Index

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#1) On September 10, 2009 at 10:34 AM, IBDvalueinvestin (99.64) wrote:

The October 22nd release of Windows 7 should push PC sales higher because many corporate people have been putting off buying PC's with the memory eating and disaster Vista program. So they are waiting for Windows 7 to start buying new PC's.

Retail people may also be doing the same thing from what I am hearing so semiconductor companies are getting ready for a ramp up in sales.

 

http://windows.microsoft.com/en-US/windows7/products/home?os=nonwin7

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#2) On September 10, 2009 at 11:20 AM, lemoneater (79.38) wrote:

Maybe this partly explains why Taiwan Semiconductors has been doing well.  Is the whole semiconductor sector is headed for a rally?

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#3) On September 10, 2009 at 11:27 AM, IBDvalueinvestin (99.64) wrote:

US Stocks Fluctuate as Valuations, Monsanto Offset Jobs Data Bloomberg - Jeff Kearns - ‎44 minutes ago‎ Texas Instruments' forecast also lifted technology shares in Europe. STMicroelectronics NV, Europe's biggest semiconductor maker, rose 1.9 percent

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#4) On September 10, 2009 at 11:49 AM, lemoneater (79.38) wrote:

Thanks for the info!

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#5) On September 10, 2009 at 3:51 PM, IBDvalueinvestin (99.64) wrote:

For those that don't know, this index was over 3,000 in the year of 2,000 so its still over 66% below its historic high and has a long climb ahead. So imagine how high USD goes with it following this index back towards 3,000 with a 2x bull on the index.

Mark this post USD is at $29.67 check in 3 months and see where its at.

 

http://www.google.com/finance?q=INDEXDJX:.DJUSSC

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