Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jacob Snyder who wrote (54074)	10/4/2011 6:46:30 PM
From: The Ox	1 Recommendation Read Replies (1) \| Respond to of 95531

I agree, today's action should not be seen as "the bottom" unless we can see it in hindsight 3 months from now. We just hit an incredibly oversold point, 4+days down hard. It was a great day to be stalking the market!! Way too early to call the "semis have bottomed" as well. While this would be a natural place to rebound, a true bottom will need improvements in demand to soar over the next 6 months. There is a chance that this will occur but to bet on it at this stage isn't necessary, IMO. I don't need to catch THE bottom. I need to be in the stocks when the rising tide is the trend. One day's rebound off an oversold condition is not a trend change! TO PS...I apologize to the thread for my OT rant last night...no excuses, I'll do my best to refrain from this stuff in the future.....