Genesis Microchip (GNSS) Message Board

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Technology Stocks : Genesis Microchip (GNSS)

GNSS 2.350

-0.4%

Oct 31 9:30 AM EST

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To: OldAIMGuy who wrote (1225)	5/31/2006 1:02:14 AM
From: Peter Dierks	Read Replies (1) of 1277

I reached he conclusion today that we are in the early stages of a cyclical bull market. Good news should be discounted, and bad news amplified. The economy is doing well enough that good news will outweigh bad, and the market will not get beaten down to badly. In transitional times like these, the people who identify the cyclical performers make nice profits while most others stay even or lose a little. This is not scientifically arrived at, just my gut instincts. I think that the publicity of the market reaching previous highs triggered it. I added some more under $13, and if it goes down again, I will be back to my fully invested position. I have great concerns about this investment. If you take your losses, there should be a bounce in the fourth calendar quarter as the eoy buying kicks in.

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