Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (15706)	6/15/2004 10:05:19 AM
From: Kirk ©	Read Replies (2) of 95564

"I know there is very little negative sentiment. Why? Because I can measure it objectively!" You are not looking at all of the indicators. To remedy this: 1 Go to stockcharts.com 2 set width to 620 3 enter $CPC 4 set chart duration to 5 years 5 set SMA price overlays s to 10 and 20 6 click update chart and tell me we are not at a point of near record negative sentiment based on this indicator. How many times do you count the 20 DMA as being over 1.00 in the past 5 years? How about the 10 DMA? Times the 10 DMA has been over 1.0 1 Late November 2000 I bought some LRCX at that time and sold it a few months later for a 64% gain! 2 Late November 2002. Days later the market made a major bottom. I bought LRCX and UTEK back then in single digits (boy I wish I had the stones to have bought even more!) and later sold some of both at $35 just a bit over a year later! (again, I wish I had sold all my shares in both at $35…but I did sell quite a few. ) 3 March 2003. This was a good test of the two market lows in 2002 4 a few weeks ago when I believe the market completed a major low that I’ve been writing about for some time. I added some stocks with high beta in addition to my usual list of suspects like LRCX and UTEK. (There is supposed to be a way to plot the SPX over these charts but I have not figured out how to do it.) Kirk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next