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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Bosco who wrote (2282)11/14/1997 5:18:00 PM
From: Crossy  Read Replies (1) of 37387
 
Bosco,
yes - this correction shouldn't last for too long since the Black monday drop was of big magnitude. Normally this means recovery is faster on track. Techs in February 97 fared far worse, since the time running down was quite extended.

I expect the semi equips in quite good shape from now. Will get into KLIC but a bit later on (probably December). My CYMI recovered most of its losses (I couldn't wait with this one and bought near $23). Now it bounced up 10% to close at 20.75. PLAB also jumped and CTU rallied after the earnings numbers (mixed bag but anyway yesterdays' news) are finally off the agenda.

In my region also first rainy & cold day. We had weather like in spring for the last week. That changed abruptly. Feeling like in London (rain , only the fog is missing).

best wishes
CROSSY
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