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Technology Stocks : Semi Equipment Analysis
SOXX 348.51+5.3%Feb 6 4:00 PM EST

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To: Donald Wennerstrom who wrote (10818)8/5/2003 1:23:21 PM
From: Kirk ©  Read Replies (1) of 95889
 
But then we all know that - now all we need is someone who is that accurate predictor.:)

Heck, mine works well enough... When the stocks are 75% off the peak or more, you can usually safely start to buy...

Then you start to take profits as the prices you bought at on the way down unwind going back up. Works for me and often you get a few dips to buy and sell a few times as I've had with LRCX the past years.

BTW, I pulled that 75% number out of my hat and I figure it is probably just as good as 50% of what we read here. I use more "touch and feel" with TA and art... but the point is you don't pay for new highs and you can look to buy when cheap. When you start to worry about perhaps being too early and suffering a 50% loss, then you end up on the sidelines like several here trying to post this and that report about why the market is not rational. As Cary said, many here are paying their tuition this cycle.

Kirk
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