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

To: Return to Sender who wrote (55526)	2/19/2012 9:29:37 PM
From: Gottfried	Read Replies (1) \| Respond to of 95737

RtS, INTC and MSFT don't look like they're in distribution yet. CSCO might be stockcharts.com PS: futures are up bloomberg.com and Asia is up marketwatch.com

To: Return to Sender who wrote (55526)	2/19/2012 10:31:03 PM
From: Sam	3 Recommendations Respond to of 95737

RtS, IMHO, we have a very steep wall of worry that is being climbed right now amidst a great deal of skepticism, which you have been articulating very well. Against that skepticism, I would point to three things: liquidity, liquidity, liquidity. From the EU, from China, from Japan and from the US. In other words, from the countries that really matter since collectively their GDP completely and obviously overwhelm the rest of the world. None of them want to see their economies crash, they want to muddle through as best as possible and are willing to risk inflation to do it because most of them believe that they have no other choice. Inflation, while tough, is easier to tame than deflation. Japan is an example of the latter (although they have special circumstances there), and they are still mired in that, while countries as diverse as the US under Volcker and--even more dramatic--Brazil in the 90s (I am not sure who really led that) have shown that inflation really can be stopped, even if not without pain. And the real prize after the few years of pain of stopping inflation is that there is plenty of room to lower rates at a time when it really matters and really works. Unlike times of deflation, when CBs are just pushing on a string, as in Japan. I think that the Japanese people and government haven't created inflation because their population is so relatively old and are living on fixed incomes, so it would devastate that generation. Just my meandering thoughts, which are always provisional and always open to correction....

To: Return to Sender who wrote (55526)	2/20/2012 10:31:32 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (2) \| Respond to of 95737

RtS, Your chart shows a wealth of information. RSI has been climbing towards the 70 mark, but not quite there yet. Maybe it will, and maybe it won't make it that far before we get a pullback. We have a lot of forces working on the market, both positive and negative, and on top of that this is an election year. Hard to see how any prediction of market movement could be very firm. Now that earnings reporting season for the 4th quarter CY/FY is well finished, I am going to make a final update this coming weekend and make a post with the results. The preliminary data is very much in consonance with the market action of the last couple of years, ie, the pullback in the SOX from the 471.86 number of 2/18/11 to the 432.04 number of 2/17/12. Preliminary analyst consensus projections for 2012 and 2013 don't look so hot either. I certainly don't see any big "drivers" at the moment which would give a strong upward movement to the market. Lately there has been a recovery of sorts, but it is not very robust. Jobs and housing are going to be in the "tank" for a long time. Now we also have a threat of rising gas prices in the near future. If that happens, all bets are off. Don