Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 147.44

-0.6%

3:59 PM EST

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To: Q. who wrote (8335)	4/15/2000 10:25:00 AM
From: Bill Hermesmann	Read Replies (1) of 10921

Silence on the boards, especially on the part of some frequent posters who claim that they are or will be buying more,(especially options) is as good a contrary sentiment indicator as any for the turn. I think I see relative silence but too many of those vocal buy more types are still afloat. The solid bottom on the NASDAQ, technically speaking, is around 2800 and the upside rally top on that index is around 3800. (The NASDAQ closed at 3321) I'm with you on your appraisal of most TA but, in the process you picked up a lot of their phrasing; i.e., "...this is usually....", "..."generally occurs..."near....nearly.....", "...similar to...", and allowing a week or so for the downside conclusion is certainly a broad enough net. ;-)

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