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

To: BWAC who wrote (38137)	2/14/2008 6:07:06 PM
From: Archie Meeties	Respond to of 95737

I lightened up today, took stuff off of margin. Putting it modestly, I had some nice runs in the past few weeks in tech. I freed up cash for another round of buying should we head towards a retest of lows. Was actually tempted to short here but experience suggests that going to cash is better for my health. I think the bond insurers loose their ratings next week. The muni side will be rescued, but everything else is going to cause some pain = opportunity for those liquid. I do think Gross, Buffett and some other large liquid houses (JPM, GS) are increasingly taking the other side of the subprime trade - as in buying the paper that people are forced to liquidate.