SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 318.06+1.4%Jan 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (40636)10/7/2008 4:26:18 PM
From: Return to Sender2 Recommendations   of 95675
 
We are in a bear market. Rationalizing stock prices as if 5, 10 or 12 year lows are specific to an individual stock can be done.

But it is nearly pointless. The market is slamming almost every sector leader not just stocks like TER.

You can say it is the sector but it is not.

This is a bear market.

At some point almost any company stock that does not go bankrupt will be a buy.

The only sector of the market showing any resilience here is consumer staples.

You cannot buy any stock now, in any sector, without the understanding that you do not make that buy with margin because you could lose everything (You Could Get a Margin Call that ends up Costing More Than Just Money!). Even staying off margin you could lose a great deal of paper capital waiting for the market to return to bull market status.

In the meantime we will get some sharp rallies with huge percentage gains in a short period of time possible but they may (will) not last long until we end the bear.

Buying TER now might be a great idea. Just don't use margin. Be willing to average down and understand that it is possible that the stock may end up worth even less than it is now at least for a while.

Pretty much like every stock I have bought and failed to sell in the last year.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext