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%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (54065)	10/4/2011 4:59:01 PM
From: Return to Sender	1 Recommendation Read Replies (2) of 95530

I was only saying you might watch KLIC as a stock that might tell you when investors are totally apathetic enough for a true long term bottom to form. Bottoms form for a stock like KLIC which, is never going to be an institutional favorite. after sellers have exited in a big way and total apathy steps in. I am not saying in any way that this is a better stock to own than UTEK or any other you might consider buying. I will go out on a limb and say that today's action does not in any way make me believe we actually formed a long term bottom today. We were no where near a 90% upside day although I loved the action. This was a typical oversold rally within a bear market. I may get out of my long position in KLIC without having to wait a year, or more, to get whole soon enough. From now on I only go long when the indexes are hovering near an RSI(14) of 30 until we get an actual 90% upside day. JMHO, RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next