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


To: StanX Long who wrote (9141)3/26/2003 7:45:08 AM
From: robert b furman  Read Replies (2) | Respond to of 95640
 
StanX,RtS,and G,

Several weeks ago IBD wrote an article about major market bottoms always coming off a consumer confidence trough in the low 60's.

Although a lagging indicator,IBD has a weekly TIPP survey that often precedes the consumer confidence number.

If this indicator hits low 60's (it is there now) and then coincides to a rising market - it is worthy of being perhaps the "Mother of All Indicators".

That is it might signal the bottom and not throw off false signals.

Certainly worthy of our watch.

JMHO

Bob