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

To: Jacob Snyder who wrote (51032)	1/30/2011 2:42:42 PM
From: Woody_Nickels	Read Replies (1) \| Respond to of 95378

Is the risk/reward worth it? Do you expect the indices to exceed the highs of '06/'07? Woody

To: Jacob Snyder who wrote (51032)	2/15/2011 4:27:31 PM
From: Jacob Snyder	2 Recommendations Read Replies (1) \| Respond to of 95378

Confidence in Equities at Record High, BofA Merrill Survey Shows Feb. 15 (Bloomberg) -- Money managers are more bullish on global stocks this month than at any time in the past decade, according to a BofA Merrill Lynch Global Research survey. A net 67 percent of respondents, who together manage $569 billion, had an “overweight” position on global equities, the highest level since the survey first asked the question in April 2001. That compares with 55 percent in January and 40 percent in December. Meanwhile, a net 9 percent is “underweight” cash, the lowest allocation since January 2002. The February survey “is one of the most bullish in years,” Gary Baker and Michael Hartnett, equity strategists at BofA Merrill Lynch, wrote in a report today. “Surging inflation expectations show we are no longer in a Goldilocks environment and a meaningful tactical correction in risk assets could be caused by a jump in interest rates or weaker U.S. growth.” A net 34 percent of survey respondents are now “overweight” U.S. equities, up from 27 percent in January. Appetite for euro-area stocks has also risen, to net 11 percent “overweight” from 9 percent “underweight” in January. Meanwhile, February saw the biggest decline in emerging-market exposure in the survey’s history, with net 5 percent of managers now “overweight” global emerging-markets equities, down from January’s 43 percent. “Unusually, higher risk appetite has been accompanied by a dramatic downsizing in asset allocation to emerging markets, as surging global growth expectations have increased the value attractions of developed-market alternatives,” London-based Baker, head of European equities strategy at BofA Merrill Lynch, said in a statement. The survey was conducted between Feb. 4 and Feb. 10. noir.bloomberg.com disclosure: I'm still waiting for a 10% correction in the S&P500 before adding any long positions (or covering shorts). I haven't seen any reason to change the plan, of steadily selling (or shorting) as the market keeps setting new highs, planning on being out of all long positions if the S&P500 hits 1500. No semi or semi-equip positions, except a KLIC short.