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Technology Stocks : Semi Equipment Analysis
SOXX 295.15-2.3%Nov 11 4:00 PM EST
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To: Return to Sender who wrote (89029)9/24/2022 5:52:29 PM
From: dr_elis1 Recommendation  Read Replies (1) of 95400
 
Normally one would expect that a bottom is not that far away indeed - hence your approach is pretty logical. However besides the inflation/recession debate there are by now considerable geopolitical risks. Markets would basically collapse in case Putin decides to drop some nukes on the Ukraine. Unless this is resolved or at least the likelihood of a nuclear escalation is greatly diminished me thinks sitting tight is the way to go.
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