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Technology Stocks : Kulicke and Soffa
KLIC 57.55-3.3%Jan 23 9:30 AM EST
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To: Ian@SI who wrote (3904)7/21/2000 1:34:11 AM
From: scott_jiminez  Read Replies (1) of 5482
 
<<So they've started making new ones. ... like selling before the current cycle even builds up a good head of steam.>>

How true. And don't forget the role of those charts i.e. if it's two years out it MUST be the end of the cycle.

It's the institutional investor, not the small guy, who so often forgets 'this is the stock market after all, it was created to prove us wrong when we think we have it figured out!'

Markets tend to prove charts and mob psychology (like exiting early en masse), wrong. We'll just have to wait and see precisely who the markets will prove to be wrong.
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