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Strategies & Market Trends : Moufassa's Lair
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To: moufassa7 who wrote (13241)6/4/2003 3:21:30 PM
From: KevinThompson  Read Replies (1) of 13660
 
Agree. It appears that the individual investor is returning to the market to buy stocks again. This timing works out perfectly for insiders to step up their distribution.

However, could probably still see it run further. Be sure to keep very tight stops.

NVLS: amazing that POS continues to fly like as if every semi manufacturer in the world is adding new process equip. Ya, that's just what the industry needs, more capacity for accumulating more inventory. Semiconductor devices are essentially commodity items. Eventually the market will understand this. But for now, who cares if the PE is already 150 and climbing. Management even reduced their outlook last report. Sheeshh...
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