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


To: Sam who wrote (56837)7/10/2012 3:02:18 PM
From: Return to Sender3 Recommendations  Respond to of 95757
 
Sam, I know they say you can't time the market but I don't entirely believe that to be true. I spend a lot of time sharing information on market breadth, divergences and market sentiment. Schaeffer's has been about as stubbornly bullish using bearish sentiment as one of their reasons as I have been bearish expecting sentiment to get even more bearish.

We will eventually reach another bump in the market big enough for us to see the Investor's Intelligence Poll having more bears than bulls.

schaeffersresearch.com

Once that happens then we will have a great buying opportunity. At this point MRVL, LSI and a lot of other stocks look cheap fundamentally but as you said they can get a lot cheaper due to short term market irrationality.

Best of luck with your future trades.

RtS