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Technology Stocks : Semi Equipment Analysis

SOXX 296.20

-0.6%

4:00 PM EST

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oldbeachlvr

To: Return to Sender who wrote (86375)	1/27/2021 8:49:51 PM
From: Sam	1 Recommendation of 95580

Could be. I hate to say these words, but [whisper]this time is different[/whisper]. Perhaps most important, the Fed reiterated just this afternoon that they will not raise rates until an actual recovery is under way. Not merely projected, but underway. Powell emphasized that. I do believe we are in a correction and it may last a few days, a few days or a month or two. But IMHO it isn't yet time for an actual bear market. Yes, there are some absurd valuations out there, some stocks going haywire with speculation, you all know who they are. But I don't think it is nearly as widespread as in 2000 and clearly interest rates aren't nearly as high. I don't know what margin rates are for most places, I know that one retail broker is advertising 1% margin rates or something like that. All that said, RTS, you may be right.

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