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


To: The Ox who wrote (17666)8/5/2004 6:23:22 PM
From: Return to Sender  Read Replies (1) | Respond to of 95640
 
I hope you are right Michael but we need a lot of other things to help form a long term bottom. We have not even entered the capitulation phase yet.

I won't forget any of the small details that always help define a long term market bottom. By the time we reach the next one there will be an awful lot of folks saying RtS was right.

And I won't have to say anything at all next time around!

Won't that be nice? ;-) <VBG>

RtS



To: The Ox who wrote (17666)8/5/2004 7:19:41 PM
From: Donald Wennerstrom  Respond to of 95640
 
Michael,

<<The market sure looks like it wants to keep going down and down hard. There is very little out in the market that is being viewed in a positive nature. We will get more terrorist warnings/threats/fear-mongering going into the election. Oil is a very hard burden on our economy and it does not appear that there is much on the horizon which will bring it down. Retail sales disappointed today. The job numbers haven't been that great lately either. Add in the expectations of more rate increases and a pinch of political uncertainty. Computer trading taking over the markets and the summer dull-drums cap off this terrific back drop for investors.>>

Sounds to me like you have just described "the bottom".:)

Don