Semiconductor Stocks 10 Year Lows

I usually look at the SMH (the semiconductor ETF) but they began trading in 2000 and are now at an all time low.

The Philadelphia Semciconductor Index (SOX) is closing in on the 1998 low of 182.59. The low of 1998 was made in October of that year which means the SOX is at a 10 year low right now. If the October 1998 low is taken out, the group will be at lows not seen since October of 1996…12 years ago!