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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (2293)7/6/2000 11:44:56 AM
From: chic_hearne  Read Replies (1) of 436258
 
I just closed out the rest of my SOX position. Too bad I didn't have the balls to wait and see what happens with my whole position. Still, for a one night gain, you can't do much better without getting lucky.

to divine the top of the semi cycle is a very hard thing to do

We are no where near the top of the cycle, but this is irrelevent. The only thing that matters is what the street thinks they know, even when they are wrong. The semi ANALysts are either very naive or crooked, or both.

just look at the p/e's...those are not p/e's suitable for cyclical stocks

agreed, for most of them at least
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