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: Return to Sender who wrote (88665)	7/16/2022 1:49:37 PM
From: robert b furman	1 Recommendation Recommended By Return to Sender Respond to of 95480

Hi RTS, Excepting capitulation moves, I expect volume after this substantial and long decline to put a damper on volume. Sentiment has been in the extreme fear for quite a while. Dip buyers are not big volume buyers (at least I'm not) - I do spend my dividend money after selling a put that I hope gets assigned. Da Cheif likes to say market makers like to get a stock from wholesale to retail with the fewest on board, I subscribe to that view as well. We need discouraged buyers from fear at the bottom and exuberant buyers with greed boiling in their blood at the top. I think your 90% or two 80% up days may better reflect big buy programs from large sell side brokers. I have no doubt they collude on when to stop accumulation and begin upside bidding spreads with a price markup wave. I've tracked clx daily for 6 years now. The strong moves up of the past occur when clx 10 day and clx 30 day become coincident. That has been a long time (several months) since it has happened. The next two weeks are set up to do that. Admittedly my clx tracking has only occurred in a long term bull market, so we'll see. That being said March of 2020 with the Covid decline and tiny recession was a pretty good dip to have lived through. I think we'll be able to make some money on this up wave. Looks to be the start of 1 of 3 of a terminal Impulsive 5 of this long bull. So it is time to be nimble and greed could get one in trouble. We'll see and I wish you good luck on your trade. Hope you nail it. Thanks for all you do here! So