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


To: Return to Sender who wrote (88793)8/3/2022 11:15:26 PM
From: robert b furman2 Recommendations

Recommended By
Fiscally Conservative
SGJ

  Respond to of 95368
 
Hi RtS,

I'm far from an E wave expert, but I'm of the hope we are in the beginnings of ((i)), just above the end of ((c)) or 4.

That ((i)) would have 5 micro waves and we're potentially in the beginning of 3 of that ((i)). So if this wave proves to be strong enough to force the shorts to cover, we'll see those who missed buying the long dip of 4 jump in as most find their positions very profitable.

The combination of shorts covering and scared dip buyers jumping in will drive a large and long rise. The kind of rise that breeds exuberance and euphoria.

As we see now, the majority of sentiment has gone from extreme fear to just fear. Its early on. Mostly driven now by shorts covering.

JMHO

Bob