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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 162.13+1.9%3:51 PM EST

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To: space cadet who wrote (4350)1/7/1998 6:51:00 AM
From: w0z  Read Replies (1) of 10921
 
Investor Business Daily's index of industry groups seems to show that the Semi Equipment group has bottomed out. The last week of 1997 it was ranked #183 of 197 and was #193 of 197 the previous week. Quite an amazing change from #3 of 197 just 3 months ago. Let's all remember that when a group starts hitting the top of this list, it's time to think about selling. It also indicates that when a group is totally out of favor on this list, it is time to buy! This indicator was also on the floor during the summer of 96 which was the previous buying opportunity.
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