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

To: Kirk © who wrote (18018)8/11/2004 11:48:27 PM
From: Gottfried  Read Replies (1) | Respond to of 95738
 
Kirk, sure appeals to my sense of order. Who knows - this 'cycle' is so screwed up it may never get fixed. Gottfried



To: Kirk © who wrote (18018)8/12/2004 2:16:40 AM
From: BelowTheCrowd  Read Replies (1) | Respond to of 95738
 
Beat me to it! I noticed the same trendline and 9 quarter pattern when I first eyeballed that graph.

The question the ultrabears will be asking will be whether this is the time when the LT trendline finally breaks. Always a possibility.

My own view is that if it holds in the 12-13 range, that could represent a nice bottom. If it breaks below 12, then there isn't a whole lot to hold it for a long, long ways down.


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