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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 222.48-0.2%Jan 20 3:59 PM EST

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To: shane forbes who wrote (5239)5/2/1998 11:07:00 AM
From: Investor2  Read Replies (1) of 10921
 
Re: "and I certainly don't mind averaging in near the bottom but I do need to see some indication that the industry business cycle is not getting progressively poorer and more so that the stocks are not being artificially propped up on a whim and a prayer."

The bottom occurs when there is no indication "that the industry business cycle is not getting progressively poorer." By the time there is visibility of recovery, the prices have moved higher.

Best wishes,

I2
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