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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (2017)	6/16/1998 12:41:00 AM
From: Kent Sarikaya	Read Replies (2) \| Respond to of 2754

AMAT got a cut in recommendation today. They analysts said they expect semiconductor spending to be down 22% this year. I think we will see more cuts, the analysts will do all they can for their fund managers to get the prices as low as possible. Then the managers will start buying, the prices of most stocks will go up $15 to $20 before we start seeing a positive change in recommendations at least 5 to 9 months from now. the recommendations will further boost prices and we'll stabilize into trading patterns till the recovery starts showing in the numbers (a year out from now)to further carry these stocks fo the next few years. When will it be time to start buying, when one day for no apparent reason, INTC, AMAT, MSFT, and other bigger cap tech stocks jump up around $4+ dollars in a day and they don't drop back down but slowly start inching up. That will be the sign. Only after we have another correction, this might be it now, but if we don't drop another 200 points then this is not it. IF we do go down to 8400 then this could be the correction.