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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (12246)	9/17/2011 11:28:55 PM
From: Return to Sender	2 Recommendations Respond to of 13403

OT: Jacob, the market turned lower basically 7 months ago. Since then virtually every stock you can think of has gone down. It's taken all that time for Investors Intelligence Poll to show more bears than bulls. It could get worse but that poll only changes to more bears than bulls at actual bottoms. Sure in 2009 it took a few months before the actual bottom. It's always a process. Last night at a party I talked to two couples who were former NFLX customers until NFLX raised charges and fees on them without warning. My point is that NFLX was going to go down eventually with them messing with their customers that way. Still what stock has not dropped in this market over last 7 months. The difference now is that pessimism is high enough to support a long term bottom being formed. I am not trying to influence your trading. Heck you have been doing great! No one I know has done better in this environment. Of course you could done better but you will never get hurt taking a profit like you have done on virtually everything. Aside from that I absolutely agree with what you are saying. The market should could go lower right away. I think we are in big trouble not just herein the States but abroad as well. However when we see the kind of pessimism we have now bottoms always form. That's why we have been rallying this last week or few weeks for some stocks. I am planning for my KLIC trade to be a short term trade. Common sense tells me the market should be trading much lower in the face of everything that you and I know should be dragging it down like an anchor but things always look worst at bottoms. RtS