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

To: Sam who wrote (81374)	10/11/2018 3:54:57 PM
From: Return to Sender	1 Recommendation Recommended By Donald Wennerstrom Read Replies (1) \| Respond to of 95520

I checked the Investors Intelligence Poll this morning and it had not changed enough to make me believe that this selling is over at all. 56.3% Bulls and only 18.5% Bears yardeni.com As we have discussed many times before even in a sell off that does not end up being a bear market it is possible to have numerous 90% downside days. Earnings reports for the quarter will start in earnest next week. Good earnings and outlooks could put a bottom under this market. In general even after the yield curve inverts the market rallies on to new highs. That generally happens with poor market breadth. The yield curve is not even inverted yet. But we were already seeing rotten market breadth at the last highs.I don't know what happens from here but with the FED raising rates it's unlikely to be as good as it can get. If the Investors Intelligence Poll had more bears than bulls then all we would need is one 90% upside day or two 80% upside days close together. The last time that happened was in 2016. Quite a rally after that! Of course MU was barely in double digits then. RtS