Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 159.74

+1.0%

Dec 3 3:59 PM EST

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To: Robert Douglas who wrote (6706)	8/17/1998 5:21:00 PM
From: Gary Burton	Read Replies (2) of 10921

Like a trendline, gurus are made to be broken so to speak.Like Prechter, Granville, Garzarelli etc before her, the only direction that Abbey can now go is down. It's a little like rolling 6's 5 times in a row. Everyone thinks the dice must be fixed and that the sixth roll will therefore also be a 6. alas, it throws a 2 and the baton is passed. Abbey's problem at this point is that her system is such that she will be unable to get off the train only AFTER a severe correction in the market--prices lead news after all--at which point she will then be able to see that her FA system is telling her to turn cautious. Regardless of her past record, in my view, she has now become a contrary indicator. At THE top, she will of course still be bullish.

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