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

To: Return to Sender who wrote (14499)	4/15/2004 1:13:21 PM
From: BWAC	Read Replies (1) \| Respond to of 95865

Buffet. Don't want to hear nothing about his value methods til he sell that 50pe KO

To: Return to Sender who wrote (14499)	4/15/2004 2:08:38 PM
From: Kirk ©	Read Replies (1) \| Respond to of 95865

Of course I see a downtrend line... the market has been going down. -g- The trick is to try and guess or calculate where it will find support. I also think it is wise to have preset buy and sell targets to add or sell shares incase your TA is wrong but you are at a price you like for this or that reason. You should know me by now that I only add or subtract from long positions using a bit of TA and FA much like the AIM folks... I wrote earlier last month suite101.com that we were seeing signs of a major bottom. After selling some CACS at $14 & $16 I bought some back at $9.50, $11ish and low $12's before it bottomed at $9.24. It bounced back to about $14 and is currently testing at $12.14. I'm hoping it is a retrace and the earlier bottom holds. I've been doing more buying and selling in that stock (CACS) vs AMAT/UTEK/LRCX since it has had more volatility. I think analysts and others are there to create volatility and get people to panic out when low and chase stocks that are high.... or just to churn accounts to extract part of the natural upward bias. If the markets can return 8% a year over time, then the brokerages hope to get 2 or 3% of that via commissions leaving enough, perhaps 5%, to the customers so they feel they are getting some value vs CDs. Once you figure this out, then the next part is to figure out how to profit from it. I believe my methods work... just like the AIM folks, but they might stop working any time. Kirk