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


To: Return to Sender who wrote (11098)8/21/2003 1:47:03 PM
From: Cary Salsberg  Respond to of 95640
 
RE: "The market is a casino and the game is rigged."

You choose to play in the casino and ignore the investment aspect of the market. You are joined by most of the active posters.

RE: "It's all a farce."

Most of the price action is farcical, but most of the technology companies are busy reinventing your world. You are directly affected by their efforts, but you don't focus your research efforts on them. You focus on measurements and rules for playing the farcical games in the casino.



To: Return to Sender who wrote (11098)8/21/2003 2:20:30 PM
From: Kirk ©  Read Replies (2) | Respond to of 95640
 
The market is a casino and the game is rigged.

The problem for me is that even though I know the big boys are supporting the market I believe that if I was to jump in long in whole hog fashion then I figure they will finally let us all know that they have simply been playing three card monte.

It's all a farce. At least for now.


It is not a farce and I think Cary and I plus the AIM folks have been telling people here for years how to participate and do well.

The farce is folks called analysts from either the big boys (sellers of used stock certificates... NEVER forget that) and briefing.com type services tell you they can time the market and add value over the long haul.

The whole system is rigged to get good, honest folks like you and Don to sell at bottoms and buy at tops. Didn't Don post here last Fall that he had enough when they drove the prices down lower than many of us thought? How else are they going to get you to sell? Don didn't post his wonderful tables of PEG for many months due to this frustration. I have a huge gap in emails to myself of Don's tables between Sept 13 2002 and June 2003 with just a few tables with quarterly data. What a perfect time to buy... stockcharts.com[h,a]dhclyymy[d20010601,20031231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]

LRCX was below $15 but for a few days the whole "Don's Table blackout period" but I bought and sold several times and added many shares. stockcharts.com[h,a]dhclyymy[d20010601,20031231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
AND I took newsletter profits at $25 this AM.

I have no clue what LRCX will do but it would not surprise me to see it got to $30 then do a 50% retrace of its run. If so, I'll sell more on the way up and buy it on the way down when it slows at support levels and signals potential bottoms. If I am wrong, I'll regroup and buy more at the next potential bottom.

Kirk