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Technology Stocks : Semi Equipment Analysis
SOXX 295.15-2.3%Nov 11 4:00 PM EST
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To: Return to Sender who wrote (89020)9/22/2022 11:08:19 AM
From: Return to Sender3 Recommendations

Recommended By
Kirk ©
Robert O
Sam

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I am putting in some orders to initiate positions in several stocks should the market retest the June lows. There is a pretty good chance that the market goes even lower so I am only buying enough to start my positions for the next bull market.

There will be a next bull market but first we will have more pain ahead. So why buy into it prior to the 90% upside day I hope to see in the future? Because many of my conditions for buying have been met.

Yesterday the VIX briefly traded above 30.

The Investors Intelligence Poll now has more bears than bulls.

Every six month daily chart for the major averages is approaching an RSI of 30 which is oversold.

If the orders fill that's great. If they don't then they are good for 60 days. If they fill and stocks go lower still then I buy more lower.

Anyway... that is what I am doing.

RtS
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