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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (3612)6/22/2002 3:06:04 PM
From: The Ox  Read Replies (1) | Respond to of 95530
 
Keep in mind when choosing price targets that the overall market is constantly declining and the fundamentals of the big picture - for the short term - are very negative. Capital outflows, a weak-declining dollar, tough business environment, negative stock market sentiment, all combined with the ongoing threat of terrorism coming out of left field at some unpredictable point in the future.

The bull argument would be to look past the current malaise and try to see into the next couple of years. This was the same argument put forth in Japan for years, while their stock market continued to decline. However, taking individual situations into consideration, looking at excessive selling of certain stocks should set up for some nice short term bull moves or expected bounces. The more negative things look, the more likely we get a fast and furious bear market rally.

Keeping an open mind when trading should allow for many swings from bull to bear and vice versa.



To: Return to Sender who wrote (3612)6/22/2002 5:52:19 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95530
 
RtS, There are many bull arguments, but nobody is listening.<g> It's like blowing in the wind to make those arguments.

I don't know how long it is going to take to get there, but I think we need a day of action similar to 8 October 1998. That was a beautiful "reversal" day. To me, it feels that the market is on that kind of a course presently. Another few days and maybe we will be there.

Don