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Strategies & Market Trends : Bear!
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To: megazoo who wrote (46)5/3/1998 10:04:00 AM
From: Les H  Read Replies (1) of 271
 
Many of the hardware stocks should start coming back by the second half of the year: computer systems, peripherals, memory systems, semiconductor manufacturers, semiconductor equipment, networking, etc.
since they should be anticipating earnings recoveries. I would expect a correction mid-year in June/July and late this year.

Telescan has sent out a market crash e-mail letters the last two weeks to its subscribers. The latest speculated that we're due for a 30-35% bear market since the S&P 500's CGR (Company Growth Ratio = one year growth rate divided by P/E) is 0.7.
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