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Technology Stocks : Semi Equipment Analysis

SOXX 296.26

-3.9%

Nov 4 4:00 PM EST

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To: Jacob Snyder who wrote (54737)	11/26/2011 11:28:32 AM
From: Return to Sender	4 Recommendations Read Replies (3) of 95355

I don't mind a solid fact filled disagreement with my assessment of the market or any particular investment. I know I make mistakes. We all do but some people simply come off as hecklers and/or cheerleaders without ever managing to do a heck of a lot more than saying I'm right because I say I'm right. The S&P 500 may have a P/E now as low as something like 13.8. Historically that's not too high. investorsfriend.com Without suggesting that the actual P/E ratio here is accurate I refer to the relative scale which suggests that the S&P 500 could fall substantially before we hit a historical bottom: multpl.com At a time that ECRI is pointing towards another recession and numerous world economies are at risk of credit default I cannot personally believe we have hit bottom yet. Looking at a longer term chart of the S&P 500 it's hard not to look back and remember that until 95 we had not accomplished much in the way of a market advance: RtS

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