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


To: Return to Sender who wrote (87392)9/22/2021 7:32:57 PM
From: Sun Tzu  Read Replies (2) | Respond to of 95499
 
The Fed moved their timetable up for both tapering and interest rate hikes. And yet the bonds and stocks both rallied. On top of that, some really speculative SPECs like Toast and Forge have been going crazy.

Alls this after every major Wall St. firm has sounded the alarms and the markets have pulled back. The combination tells me that we are not at the top yet. But the market psychology, at the pro side anyway, is pretty damaged. So we may still experience some downside pressure.

If you look at the 6 month chart of late 2009 to early 2010, you get a picture of what kind environment I think we are in.