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 163.29

-3.2%

10:52 AM EST

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To: Zeev Hed who wrote (9084)	12/4/2000 10:49:20 AM
From: Gottfried	Read Replies (1) of 10921

Zeev, John Murphy feels there is still too much complacency among investors. Do you believe the bullish/bearish indicator should be heeded? >TOO MUCH COMPLACENCY...We don't expect things to get much better anytime soon. One of the reasons is that sentiment indicators remain too bullish. We're referring specifically the % of bullish and bearish advisors in the Investors Intelligence poll of newsletter writers. This week's reading showed 55% are still bullish (while the number of bears is in the low 30s). Normally, that combination is reserved for market tops - not bottoms. < stockcharts.com Gottfried

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