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


To: Kirk © who wrote (10225)6/19/2003 11:39:28 AM
From: Return to Sender  Read Replies (1) | Respond to of 95503
 
I believe caution would be a very good idea before initiating any new longer term long positions. Yesterday the Newsletter Investment Writers bull to bear survey came out with the most overtly bullish sentiment I have ever seen:

schaeffersresearch.com

In addition the put to call ratio this morning has been below 0.50:

cboe.com

The fact that the BPNDX has been falling should not be lost on anyone who reads this thread:

investorshub.com

Here is a great set of charts I did over at iHub:

investorshub.com

The similarity with the top like formation to last year in early May and now should not be lost on anyone I hope.

investorshub.com

I hope everyone will reach their own conclusions. I am not talking the market down. I could not do that if I wanted to do it. I simply am making some observations based on the overly bullish sentiment and market divergences that are currently taking place.

BTW, congratulations on the big gains Kirk!

RtS



To: Kirk © who wrote (10225)6/19/2003 12:27:42 PM
From: Pink Minion  Respond to of 95503
 
BTW, am I allowed to cheer for my stock picks mentioned here as what I was buying last Fall?

Did I say you couldn't? Remember what they say about brains and a bull market.