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

To: Jacob Snyder who wrote (50939)	1/24/2011 4:55:07 PM
From: Return to Sender	2 Recommendations Read Replies (3) \| Respond to of 95521

Well so far we have three votes for we darned sure could go lower after the current move higher plays out. I've taken the liberty of saving an S&P 500 Chart showing the broadening top formation that has in the past often led to an even lower low. What this means to us is that despite what Jim Cramer and many market bulls may be saying that although the immediate future could hold more gains and even higher highs for the S&P 500 there are good reasons for us to be concerned for the longer term. Jacob, I think all your fundamental reasons for why the market may eventually head lower are compelling. Don, I think your world market charts show that the US Stock Market may be trading higher on borrowed time. How much time? I would suggest we watch this chart for a possible long term top once we hit the upper trend line market below at #5. Bulls could see another 12-15% rise in the S&P 500 to new all time highs only to be followed by a precipitous plunge: JMHO, RtS