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

To: Return to Sender who wrote (31563)	7/18/2006 6:35:33 PM
From: BWAC	Respond to of 95656

<am surprised that the market has not at least had more of a short covering bounce thus far.> Algo doesn't need to cover until his options expire.

To: Return to Sender who wrote (31563)	7/18/2006 6:45:12 PM
From: Donald Wennerstrom	Respond to of 95656

RtS, take that thought to the limit. <<Does an October bottom become less likely if we all begin to believe it is probable?>> If everyone in the market was convinced that Oct was the bottom, it would be an impossibility for Oct to be the bottom.:) Don

To: Return to Sender who wrote (31563)	7/18/2006 8:13:35 PM
From: wasWoody_Nickels	Read Replies (1) \| Respond to of 95656

Speaking of contrarian indicators... On CNBC today someone reported that MF managers, maybe it was investment newsletter writers, went from 5% bearish to 60% bearish in just the last quarter. And one commentator said it could well present a contrarian indicator, especially since the change was so drastic in a short time. The other commentator thought a pullback is healthy. Ben Stein thinks the Israeli/Hezbollah belligerence is a buying opp, unless nukes start flying. Don't take any... Woody Nickels