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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST
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To: Gottfried who wrote (8261)1/28/2003 12:30:28 PM
From: Kirk ©  Read Replies (2) of 95738
 
I think they lie about it if surveyed so Mark Hulbert looks at their bulletins and emails (I think). Mark has a tough job and he often lets many off the hook. I think he's been sued a couple of times for faulty data and analysis. Still, he does a pretty good job overall.

I think what many were looking for was some massive capitulation event but they missed that the individual investor has been capitulating over several years. Anyone heavy into the bubble stocks like JDSU, Ariba, CMGI, etc. were smashed two years ago.. but the bigger names where you see the S&P drop 50% from the peak washed out many last fall.

I think we will have bears still looking for a washout capitulation even with the market up 50% from a bottom and we will only know it happened long afterwards.

Kirk
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