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

To: Gottfried who wrote (49153)	8/27/2010 11:08:09 AM
From: robert b furman	Read Replies (2) \| Respond to of 95562

Hi G, bearish engulfing Candle not in my reference material,but I've heard of it before and I think it is used as this: candlesticker.com My interpretation of what you have there is a hammer: candlesticker.com I think we are bottoming and about to blast up. If we don't we're in deep doo doo. It's time to get aggressive - after all that is how the big money is made. I guess there is a comforting part to all of this: Not many are long in all of the BS bearish news. The biggest pops up ocurr when no one is on board. The contrarian part of me says enjoy the value. Buy and hold. I never really get nervous buying stocks when they are depressed - I just think longer term. I guess I'll get nrevous when they don't go up and I'm in my nineties. Until then I'm betting long on America.Knowing we have traveled a loose path and it will take time to heal. I still must, none the less, embrace the value. It looks to me like long term capital gains will become even more important than ever in our future. No politics - just facts.<smile> americanbulls.com JMHO Bob

To: Gottfried who wrote (49153)	8/27/2010 11:50:01 AM
From: Return to Sender	5 Recommendations Read Replies (1) \| Respond to of 95562

It would be unusual for the market to not rally counter trend here despite INTC lowering their outlook and so many concerns about a double dip in the economy. The SOXM shows no volume but you can see it was turned back on the Monthly Chart at previous highs for the RSI: All the major indexes had approached RSI strength as low as 30 in the last couple of days. SMH Daily Volume already showing signs of being better than average on this so far up and rallying day: Volume will be the key here as to whether or not we get a lasting rally. First off it needs to be higher today than the average down day lately. That will probably happen. In addition it would be nice to see a 9-1 upside day for the Dow and Nasdaq too. Probably too much to ask in my humble opinion. So I would expect that ultimately we get a rally here that rolls over going into September. We could then form a really good bottom although it may not happen until October. JMHO, RtS