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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (3904)7/21/2000 1:30:05 AM
From: Gottfried  Read Replies (2) | Respond to of 5482
 
Ian, you said >But I'll bet that the market will force a lot of weak hands out long before this current up leg comes anywhere close to its natural death<

Yeah, so how do we tell the price top? :)
I think Atin has it right:

>None of this is guaranteed obviously -- this is the stock market after all, it was created to prove us wrong when we think we have it figured out!<

G.



To: Ian@SI who wrote (3904)7/21/2000 1:34:11 AM
From: scott_jiminez  Read Replies (1) | Respond to of 5482
 
<<So they've started making new ones. ... like selling before the current cycle even builds up a good head of steam.>>

How true. And don't forget the role of those charts i.e. if it's two years out it MUST be the end of the cycle.

It's the institutional investor, not the small guy, who so often forgets 'this is the stock market after all, it was created to prove us wrong when we think we have it figured out!'

Markets tend to prove charts and mob psychology (like exiting early en masse), wrong. We'll just have to wait and see precisely who the markets will prove to be wrong.



To: Ian@SI who wrote (3904)7/21/2000 1:42:01 AM
From: Red Dragon  Read Replies (1) | Respond to of 5482
 
(naive investors are) selling before the current cycle even builds up a good head of steam

Is that really true? It seems this leg of the cycle is hardly in the early stages. I'm not saying it's ready to end, but it doesn't exactly seem to be a spring chicken either. Check out this graph from Gottfried:

geocities.com