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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Elroy who wrote (88668)7/18/2022 10:35:59 PM
From: Return to Sender2 Recommendations

Recommended By
robert b furman
Sr K

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You are looking at this wrong in my humble opinion Elroy. We are not in in a semiconductor downturn. We are in a Fed induced high inflation market downturn. Eventually even energy stocks will fall. Raising rates 3 1/2 points in a calendar year will do that.

Question is will the expected 3 1/2 point rise in interest rates this year slow inflation enough to get the Fed's foot off the market. If not how much higher do rates need to go? Once we can see an end to rising rates and the possibility of the Fed helping the market things will improve.

When enough people believe that will happen we will get our 90% upside day.

RtS
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