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


To: Donald Wennerstrom who wrote (42687)1/14/2009 4:57:58 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) | Respond to of 95526
 
Today was another down day in the market. This is an update of the comparison with the AI numbers of last weekend.


Yesterday, the DJ-30 went thru the support level to the downside. Today, the DJ-30 went further down, and was joined by the NASDAQ and S&P-500 thru the support levels. In addition, the DJ-30 is down in the range of the possibility of another bottom forming. It's value is in about the middle of this range. The S&P-500 is right on the edge of this area, and the NASDAQ is only about 9 points away.

Tomorrow is another day.

Don



To: Donald Wennerstrom who wrote (42687)1/15/2009 5:26:59 PM
From: willcousa  Respond to of 95526
 
It has taken me a lot of years to come to this conclusion but unless you are on the inside I don't think there is any certainty in regard to where the market or particular stocks are going. It is one big crap-shoot. You have to play for the very long-term trend.

So for clients who don't want to play with their investments (this being the balance of their funds not needed to produce a desired level of income) I go 1/5 into each of large cap, small cap, real estate, commodities, and international. My goal is for one of those to be above water at all times. This is not working at the moment.