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

To: Jacob Snyder who wrote (47522)	4/22/2010 2:14:46 PM
From: dvdw©	Read Replies (1) \| Respond to of 95420

what technique allows you to be off margin but short stocks?

To: Jacob Snyder who wrote (47522)	4/22/2010 3:17:56 PM
From: robert b furman	Read Replies (1) \| Respond to of 95420

Hi Jacob, Some drop back and then recover.Cree,Intel,Isrg. I think there is quite a lot of nervousness -yet with resilince. The bull is working out the weak holders and going higher. JMHO Bob

To: Jacob Snyder who wrote (47522)	4/22/2010 9:14:55 PM
From: Return to Sender	4 Recommendations Read Replies (2) \| Respond to of 95420

I agree. There are a lot of stocks selling off on earnings that beat even. The market has come a long way. Some individual stocks have had huge runs off the bottom so profit taking is absolutely necessary. Where I get a bit concerned is trying to short stocks in the face of a bull market that we both agree is not over. I would be afraid to short most positions for very long at all. Let me explain why using a chart. Lets look at the market as a whole using the NASDAQ Composite as an example but you could substitute virtually any major market average. Look at the RSI. What you will see is that while the market could sell off at any point in time that we have not yet hit one of the hallmarks of previous true market tops an RSI(14) over 70 on the monthly charts: RtS