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Technology Stocks : Kulicke and Soffa
KLIC 35.57-0.2%Nov 18 3:59 PM EST

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To: Gottfried who wrote (3713)4/1/2000 12:55:00 PM
From: scott_jiminez  Read Replies (2) of 5482
 
<<If they think "this time it's different" they can act on that, too.>>

Gottfried, I think you missed crystal's point..a viewpoint that myself and others agree with.

In a nutshell: different than what? I'm not about to repeat CC's entire posts but clearly it was shown the two year cyclicity is a fluke and the 3-5 year cycle is supported by the data.

So, 'will this time be different'? Absolutely not.

'Will the past repeat'? Absolutely.

Consistent with these perceptions, this cycle, which began in late 1998, will probably begin to wane late next year or in 2003.

In any event, the whole issue is kind of inane since predicting stock movement is an art NOT a science. Certainly charts would have worked to your detriment with Klic during the first 8 months of last year. The semi charts showing a two year cyclicity would have also predicted the cycle to have ended 6 months ago...
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