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: Kirk © who wrote (39705)	7/28/2008 5:52:53 PM
From: Return to Sender	Read Replies (2) \| Respond to of 95617

SNIP: Seven bearish readings above 55% occurred during the economic recession in 1990, the market subsequently made its lows in October 1990 and then climbed strongly after the start of the Gulf War in Feb 1991. Two bearish readings above 55% occurred in 1994 prior to the commencement of the uptrend that took the Dow Industrials from 4,000 to 12,000 over a six year period. investorsintelligence.com Investors Intelligence sentiment is indeed bearish enough for a major market bottom. Unfortunately sentiment alone cannot make a major market bottom. As can be seen from the data above sentiment can get even more bearish. It can stay that way for a very long time as well before the market embarks on a rally of historic proportions. We will get there eventually but before we do expect another huge upswing in the volatility indices and the put to call ratios as well. Even after that happens don't deploy any more long term cash until we get a 90% upside day on both the Industrials and the NASDAQ. JMHO, RtS