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


To: BWAC who wrote (10784)8/2/2003 12:04:12 AM
From: Return to Sender  Respond to of 95467
 
>New year, new cycle, same game of hang the unsuspecting high. Value it on peak earnings, sell it to some sucker. Nothing has changed at the broker pimps. its bad advice as usual.<

Those price targets seem ludicrous to me today but who knows these stocks could get there if there are enough unsuspecting suckers. Did you see the upgrade of MU raising its price target to $12?

And the stock closed today over $15?

I'm the biggest sucker of all for not going 100% long last October or at least in March. And yes I do think we have a perfect recovery priced in today and not just in this sector but many others as well.

RtS



To: BWAC who wrote (10784)8/2/2003 4:18:56 PM
From: Return to Sender  Read Replies (2) | Respond to of 95467
 
Amateur Investors Weekend Market Analysis (8/2/03)

amateur-investors.com

"Yesterday we looked at the fact that periods of low volatility are followed by high volatility and that periods of high volatility are followed by periods of low volatility. Obviously, we are in a a tight trading range (low volatility) that will likely lead to a substantial breakout one way or another. Which direction that breakout will take is never perfectly known, but let's look at some historical statistics to guide us. And, in my opinion, the best indicator to help get us to an opinion is the VIX.

Through today, the VIX has gone 98 consecutive days without making a new 20-day high. This ties the longest streak since the VIX's inception in 1986. The other time this happened, it ended on 9/6/00. After making that 20-day high, the S&P immediately lost 10% of its value over the next month and a half. The third-longest period the VIX went without making a new 20-day high was 72 days ending 8/11/87. This preceded the crash of October 1987 The fourth-longest period was 71 days ending 1/24/03. From there the S&Ps fell almost 7% in the following 3 weeks.