Angelo Bertillini

Why I'm Bearish on the Chip Equipment Cycle

Great November call! Classic head and shoulders.
The question now is, will the SOX hold at longterm support of around 375 which is not too far from here, or are we destined to probe deeper? Many have said that the 3-year sideways action in the semis was a bullish indicator. How could it be when there was a bull market in everything else?

Will GM Be Killed By The Electric Car?

You wrote: "The bulk of the corporate momentum is not in future electric vehicles but in big vehicles with engines."
A lot of people such as yourself are making a lot of noise these days about environmentally friendly unpowered tiny cars. I think it would be a tragic mistake if the nation (and the world) goes down the path of small electric cars. The U.S. (most technologically advanced nation on earth) should be thinking of ways to go forward and not backward with these tiny unpowered death traps. I'll never get rid of my Ford diesel Excursion. Detroit should be thinking of faster and even more powerful and bigger vehicles that could approach aircraft speeds with computer control, or perhaps even go airborn. Let's not get caught up in this temporary fad. Think bigger, faster, more powerful!

Chinese Red-Chips Soar Into Orbit

FXI is parabolic! Not even the QQQs in '99 reached a parabolic state. When this finally decides to turn south, it'll be doing it in a big way (at least as big as in May and June). Time to put your short caps on!