<<...instead we opened close to 6 and wave after wave of selling were contained. A sign that something is brewing>> that seems to be a correct observation, and a natural direction to speculate.
The simplest of the reasons for me not worrying, might surprise some folks, may sound ridiculous in the present frenzy of market activity, but its very basic in nature, imho: The template goes something like this:
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1. Extremely strong semi growth and product sales worldwide.
2. High level of urgency felt by technologists to increase speed,
remove bottlenecks from semi manufcacturing- sometimes no matter
what the cost.
3. Non-ignorable, proven, captured niche of TRKN for < .2 mu area.
4. Very high level of cash/stock available in the semi industry with
other players, who are even strapped for talent, not to mention,
for the already-grown-fruit by a team of exceptionally
talented people. They are able to fill only 3 out of 10 openings
these days, in this super high tech area. People for work, it
seems, are just not there in enough numbers, in this area
and the demand for products is skyrocketing, with phenomenal
growth numbers compared with other sectors.
5. A fundamental advance in science & tech has always been well
rewarded, especially by America, in the end; no matter how many
speed bumps along the way. (Actually some bumps are the fun part
of a country ride ... ask any pregnant-lady :-) who knows she has
a healthy baby inside and growing superbly!). {But then again, how
would a man know this? ... so this is all imho :-)}.
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Thats why I am able to enjoy this so much. This is indeed beautiful!
cheers,
-/Sonny. |
