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 : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (4885)	10/14/2003 4:09:49 PM
From: All Mtn Ski	Read Replies (1) \| Respond to of 5867

I view this rally as a cyclical bull move in a longer term secular bear. I hear the arguments on both sides, bull and bear and I tend to think the the excesses where not completely washed out, consumer debt levels are still at all time highs, even after the refi boom, which the average person did not use to shore up their balance sheet, but to get even more leveraged. Having said that, I am 50% long, all in semis and 50% cash here. I realize the momo is going to carry us well past 2000, TA is pointing to 2350 or thereabouts, so I am going to ride the long side for that move and the volatility is in the semis, that that is where I'm at. My argument is that this is not a new Bull to last for years and the semi recovery will not be as strong or as long as prior cycles, so I think a lot of people are getting "Psych-Out" on the expected staying power on this cycle. A-M-S (Phew, SI is back up)