Gottfried, Teri, Tito, Kumar and threaders, There is an interesting Ivestor's Business Daily article, "Presidential Cycle Looms, But Top Advisers Bulllish For '98", Tuesday, 12/18/97, pg A3. If the predictions are half way correct AMAT and other semiconditor equip. makers have three - four good years to look forward to ahead.
I have cut the article out and put it on my cork board to remind me.
DW NYSE Bull % at 57 today vrs 60.80 last week, OTC Bull % at 41.40 today vrs 48.50 last week, 10 week Bull % 47.10 today vrs 52.00 last week, and SEMI Bull % 14.50 today vrs 27.90 last week. The previous lows in SEMI Sector was 20% in 8/95, 16% in 1/96, 12% in 96, and todays % at 14.50%.
Regards,
Paul V |