20090112 MCI Biweekly Update

Between December 29, 2008 to January 10, 2009, the MCI index rose from 4086.1 to 4416.5, up by a whopping 330.4 points. A signal in an improvement in the TFT-LCD industry occurred when the MCI index rose past the 4000 level and the 20-day average in early December of last year. During that time point, WitsView mentioned that if the MCI index could stay above the 4000 level, a new pattern may finally occur.