Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: robert b furman who wrote (8925)	3/10/2003 12:58:42 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95622

I don't think Gottfried is being negative. He is simply pointing out that the cross over is used by many as a sell signal. I think that the NASDAQ and the NDX has held up quite well this year so far. Many people including Briefing.com are on record stating that because of this relatively better performance technology stocks will be the place to be invested when the upswing takes place. I have to wonder if anyone else has realized that we are still in those months of the year where technology stocks historically outperform. What happens when June arrives if the economy has not begun to truly recover? I've often read that a slow trading market falls from its own weight. That weight could get pretty heavy if volume continues to dry up. So in short I am positive about trading a bounce once the BPNDX is below 20, the bears outnumber the bulls in the newsletter writers intelligence poll and the VIX at least spikes back over 40 (hopefully 50) on a closing basis. But even a quick resolution with Iraq does not guarantee lower oil prices for long. Without low oil prices this economy is at risk of a second recessionary dip. RtS