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


To: Sun Tzu who wrote (91869)3/6/2024 2:33:48 PM
From: Return to Sender  Read Replies (3) | Respond to of 95353
 
Did anyone else watch Cramer yesterday? On his "Off The Charts" segment he used work by Larry William's work to tell his followers to expect that a top is coming within the bull market.

That is to say by the end of next week it will be clear that we have hit a top for the market.

Also that we want to wait until mid to late May to buy back depending on the stock.

I like these segments because they are counter trend instead of just cheer leading. I am a contrarian investor.

I love the semiconductor sector but boy have we come a long way in a very short time.

Larry Williams cycle projection shows the NASDAQ could fall below 11,000! Think about what that could mean for the SOX. He also has the S&P 500 falling below 4K.

Anyway, don't shoot the messenger folks but as a contrarian I cannot say that I feel these numbers are out of the realm of possibilities. The next couple of months could get very interesting.

RtS