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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST

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To: BWAC who wrote (43085)1/30/2009 3:04:15 PM
From: The Ox   of 95627
 
B)

Let me add:

My current view is that you don't want to buy a stock until it is coming off it's most recent bottom. If I was trying to help others, I would suggest that they wait until a stock has risen at least 10% off of its bottom, then keep a relatively tight stop in place, say around a % or 2 above (or at) the recent low. Since these stocks will go up a couple of hundred % when they get going, one can implement the above strategy numerous times if you keep getting stopped out.

Just one of many approaches but I feel this is a relatively safe strategy to employ. Combine the above with reasonable financial analysis, to see where the company is guiding. No need to get very bullish on a company if their management isn't very positive on the company's immediate future.

fwiw, jmo

TO
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