SI
SI
discoversearch

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: Return to Sender who wrote (42878)1/21/2009 6:22:21 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) | Respond to of 95526
 
RtS, I agree with your thinking on when the bottom is coming.

<<We will get a bottom this year in my humble opinion. I just don't know if it will come early this year, next summer or be all the way in October where most major market bottoms form.>>

Yesterday was another day when the SPX lost over 5 percent. Today, "big blue came thru" so we had a nice bounce. Probably going to see a lot of this kind of volatility over the next few days, weeks and months, but I think the "long term bottom" is still in front of us.

The chart you presented in,

Message 25342382

shows how long it can take for a real bottom. The shape of the curve back in 01/02 is starting to resemble the present chart action imo.

Don