SOX Index: Where Is The Growth?

INDEX:SOX   PHLX Semiconductor Index
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Earlier today I presented several charts for Intersil Corporation, a leader in the design and manufacture of high-performance semiconductors. ISIL products are used in some of the industry's fastest growing markets, such as flat panel displays, cell phones, other handheld systems, and notebooks. At the time I cautioned you about an Index that your stock choice might be in. ISIL is not in the SOX Index, but, INTC             , ASML             , CY             , MU, ON,, XLNX             , all are. You could run charts for all of these, and they would mostly look like the index. But what if you found a real gem of a semi-conductor stock? Could you buy it if the SOX Index is likely to decline?
The SOXX-ETF mirrors the SOX Index. Be careful when you find a strong stock if the particular issue you are interested in is in a weak or declining index.
If the selling in the index is powerful enough your gem of a stock will probably go lower, too, because the "manager" may have to sell your "gem" to raise funds.
This is one of the reasons even great stocks decline. BUT, study your STRUCTURE, and enter at KEY support levels. After all, it's your money. Spend it wisely.
Look, the markets are a tough neighborhood. To quote the late, great Rodney Dangerfield: “I came from a real tough neighborhood. Once a guy pulled a knife on me. I knew he wasn't a professional, the knife had butter on it.”
I hope all of your trades go well. Don.
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