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


To: Return to Sender who wrote (89020)9/21/2022 12:23:53 AM
From: Sun Tzu3 Recommendations

Recommended By
oldbeachlvr
Return to Sender
Robert O

  Read Replies (1) | Respond to of 95405
 
I don't sense much fear out there, except amongst the professionals. I don't know where all this buying force is coming from b/c it's not from the hedge funds or the portfolio managers.

Expectations for tomorrow is 82% 75bp hike and 18% for 100bp. So if the Fed hikes 75bp, that is the best one could have hoped for and the market should logically rally. However, given all the buying force that has been lifting the indexes every morning into the close, it may become a sell the news kind of event.



To: Return to Sender who wrote (89020)9/22/2022 11:08:19 AM
From: Return to Sender3 Recommendations

Recommended By
Kirk ©
Robert O
Sam

  Read Replies (1) | Respond to of 95405
 
I am putting in some orders to initiate positions in several stocks should the market retest the June lows. There is a pretty good chance that the market goes even lower so I am only buying enough to start my positions for the next bull market.

There will be a next bull market but first we will have more pain ahead. So why buy into it prior to the 90% upside day I hope to see in the future? Because many of my conditions for buying have been met.

Yesterday the VIX briefly traded above 30.

The Investors Intelligence Poll now has more bears than bulls.

Every six month daily chart for the major averages is approaching an RSI of 30 which is oversold.

If the orders fill that's great. If they don't then they are good for 60 days. If they fill and stocks go lower still then I buy more lower.

Anyway... that is what I am doing.

RtS