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: Donald Wennerstrom who wrote (15370)	5/24/2004 5:01:25 PM
From: Return to Sender	Read Replies (2) \| Respond to of 95596

Don, and all, is it possible that we have already seen the top for stock prices this cycle? That's sure how it looks to me technically as well as on a sentiment basis. Another up day today on low volume where the SMH and many stocks closed below where they opened. This is not the kind of strength we need to see if we are going to set a new high for the SOX this year. I know I won't be well liked for saying this but I'm OK with the market going down and setting new lows. I would like to put my money to work at the next bottom. Investments in high beta stocks in this sector could have returned 5 to 10 times my money if I had bought and held those high beta stocks bought October 2002 for 12 months or so. I can be patient and wait for the next bottom because it really does not matter if all the naysayers are right or wrong today. They will be right part of the time just like those who are overly positive all the time are right part of the time. What matters is making sure I have some cash available to invest at the next bottom when it gets here. And it will get here. RtS