Semi Equipment Analysis Message Board

STOCKTALK

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 309.40

+1.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (50936)	1/24/2011 3:35:48 PM
From: Jacob Snyder	2 Recommendations Read Replies (1) of 95526

<Do we eventually retest or go even lower than the 2009 bottom?> Yes. You didn't put a time frame on this. If you asked whether it was going to happen in 2011, I'd say, "flip a coin". "Eventually" could be 5 or 10 years out. The one caveat is, this may only happen with inflation-adjusted dollars. The bottom of the secular bear market (began in 2000), will happen when: 1. the debts of broke banks, European governments, U.S. States are written off, not just shuffled around. We're not even close. 2. housing prices start going back up in the U.S. (years away from now) 3. inflation everywhere forces a return to old-fashioned fiscal responsibility 4. alternative energy sources replace fossil fuels. Until then, every economic recovery will see oil prices surge into the $100-150 range, which will kill the bull market. Again, we are years away.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next