Etec Systems moving up Message Board

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Technology Stocks : Etec Systems moving up

ETEC 0.150

0.0%

Sep 8 5:00 PM EST

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To: The ChrisMeister who wrote (1016)	6/23/1998 5:07:00 PM
From: robert b furman	Read Replies (1) of 1279

Have sneaking suspicion that we will enjoy a general turn up as actual earnings are announced after july 10.Fear that rebound will be anemic and test on past lows (double bottom )in the october november time frame.This could be very similar to the tech bottom in 96. Think accumulation of strong money must slowly occur - this is a patience thing by design. Dont chase it to hard but accumulate large positions therefore a time requirement must occur before VERY STRONG uptrends will pop up all over. After the pop up new leveraged positions can aggressively be made as the stock fall not to but toward double bottom lows. If time segmented volume becomes positive at this point I mortgaging the farm This will truly be the exciting time of a 2 year tech cycle reversal. IMHO Bob

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