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: Gottfried who wrote (13477)	2/23/2004 12:41:34 AM
From: Donald Wennerstrom	Respond to of 95656

<<...but reading most of the pundits that concern hightens. I think now many of them sold [or advised selling] and are now trying to talk stocks down for a lower re-entry.>> I think there is a lot of that going on - after all, how would it look to their clients if they "sold out" in January and the market continued to go up - wouldn't look very good would it? If I was one of those gurus, I know that I would have to work "extra hard" to try to make my scenario happen. <<One was quoted in Barron's and said he'd be a buyer after a 10-15% Naz correction. That doesn't sound like he thinks stocks are overvalued here. You don't buy overvalued stocks at a 15% discount - hoping they'll get overvalued again.>> Well, I think what they want to do is drive the "overvalued" stocks down to "fair value" and then drive the stocks up to the overvalued level and start the cycle all over again. Some of these guys are probably pretty good at that routine. Don