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Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST

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To: Gottfried who wrote (15679)6/13/2004 12:28:03 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 95574
 
>> but then nobody makes any money if they keep stocks down until a downturn is obvious.

Gottfried,

However, the turned-away buyers save a lot of money by refraining from buying stocks that are destined to go down when the downturn becomes obvious. That is a latter day implementation of the saying "a penny saved, is a penny made".

So the sheep will go un-shorn this cycle. They do deserve a break after all they've been through. And for that escape, they'll owe a debt of gratitude to the analysts.

Sarmad
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