Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

Dec 18 4:00 PM EST

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To: Gol Na who wrote (31878)	8/2/2006 5:11:21 PM
From: Return to Sender	Read Replies (1) of 95611

Gottfried, has admitted that his charts show no predictable relationship to stock prices. >In other words, If everyone is looking for an "October buy the bottom"..., just like you are, what is everyone missing ????< I already told you what to look for. Go back and read it again. If you don't see a series of 90% downside volume days followed quickly by a 90% upside day or two 80% upside days in rapid succession then you don't have a true market bottom based on CAPITULATION. If that does not happen in October then we won't have a real long term bottom. It did happen in October 1998 and again in October 2002. If it does not happen in October 2006 then you might be well advised to wait until it happens before fully loading the boat with stocks for the next up cycle. JMHO, RtS

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