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: StanX Long who wrote (9328)	4/8/2003 8:36:44 AM
From: robert b furman	Read Replies (2) \| Respond to of 95617

Well one thing for sure, Most indexes are close to or above their respective 200 day moving average. It is expected that some congwestion will occur at this momentous occasion. A final shake and many headshakes are to be expected here. IF we can pop over and then bounce above the sentiment line (as the NAZ has BEEN doing) on all major indexes - the bearish comminity will wisely recognise that shorts come off the table.This will add bouyancy to the market - thusly the support @ the line. IBD's TIPP survey has just logged the largest optimism rise on record 15.5%,second to a 10.0% pop after 9/11/01.This huge pop marks a 10 month dismal decline. I'm thinking this is a no brainer.The war has had a LOOOONG depressing effect that is now being released.Optimism is the necessary ingredient to unleash a "feel good" American truth. If this wave of emotion centers close to where a median of high and lows - we will see a nice controlled rise that will pull the dark cloud terrorism has imposed on us for over 18 months. A general feeling of do good coupled with a bouyancy support at the 200 day ma and we've got a good recovery in the equities market.Couple that with low oil,a strong dollar,and tax changes that quit punishing equities,and I don't want to be short. The worm it is turning faster than usually seen in a market - it is pivotal in my opinion. Bob