Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Debt Free who wrote (56961)	7/20/2012 12:26:24 PM
From: Return to Sender	Read Replies (2) of 95531

My advise to that if you must invest in a technology stock now then only buy on extreme dips in the market when the NASDAQ itself is oversold. Everyone who knows me longer term knows that I have been overly cautious for a very long time so don't put too much faith in what I have to say but... Charts do not lie! Those sector charts tell you all you need to know. A recession is not yet reflected in them at all. Patience will pay off. Buy when everyone is scared... and the Investors Intelligence finally reflects that fact. In a recession 90% of all stocks will hit 52 week lows even in defensive sectors. Another recession is unavoidable. That's not that bad. Why? Because afterwards another recovery will also be unavoidable. RtS

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