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Technology Stocks : Semi Equipment-Sell when they're singing in the streets

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To: Zeev Hed who wrote (267)10/12/2000 6:36:08 PM
From: WTSherman  Read Replies (1) of 276
 
Zeev, my feeling is that the danger of the ME situation totally spinning out of control is very high. There appears to be a growing cycle of retribution on both sides. If the Israeli gov't feels compelled(for political reasons) to launch a harsh attack on the Palestinians it is quite possible that a movement towards a new oil embargo could begin.

At any rate, until things cool off I can't see any sustained rally taking place. The market will probably be very weak tomorrow afternoon, with the danger of events over the weekend getting crazy.
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