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: Donald Wennerstrom who wrote (57648)	9/24/2012 10:59:03 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (2) \| Respond to of 95420

24-Sep-12 08:47 ET Global Notice The stock market suddenly seems to care about the economy. S&P futures suggest a down open of about eight points on global economic concerns. Economic trends from China, Japan, Europe, and even BRIC countries such as Brazil and India have worsened over the past few months. The global financial markets shrugged off each bout of poor data on the belief that central bank action and/or government stimulus would overcome any problems. Now, doubts are starting to set in. Virtually every major financial web site is highlighting global economic issues as today's major stock market influence, and most suggest that the focus could shift to these concerns in the weeks ahead. One headline of note this morning is that a German business confidence index fell to 101.4 for September from 102.3 in August. It was at 110 in April. Apparently, the European Central Bank's announcements haven't boosted confidence. If German GDP goes negative, the recession in Europe will deepen. A Dutch manufacturing confidence index also turned more negative. Asian stock exchanges were mostly lower with the Nikkei down 0.5%. The Shanghai index bounced 0.3%. European exchanges are down. The Spanish index is down 1.6%, the German index 0.7%, and the French index 1.1% as of this writing. There are no US economic releases today. Lennar had a good earnings report. This week and next could bring more earnings warnings ahead of third quarter earnings reports which start with Alcoa on October 9. Dick Green Founder and Chairman, Briefing.com Read more: http://www.briefing.com/investor/our-view/page-one/global-notice.htm#ixzz27Op7796y

To: Donald Wennerstrom who wrote (57648)	9/24/2012 2:51:14 PM
From: Return to Sender	2 Recommendations Read Replies (2) \| Respond to of 95420

I agree the economy still is not doing anything real impressive despite the FED's efforts. A lot of stocks have much lower P/E's than what we are used to seeing. If the market ultimately does consolidate lower we might eventually find the S&P 500 with a P/E ratio in the single digits. Today I notice the lagging transports are attempting to find a short term bottom while the SOX is not doing quite so well: siliconinvestor.com I would like to buy something for a short term bounce but with the VIX low and nothing but the transports and semiconductors being oversold I can't get too excited. RtS