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Politics : Formerly About Applied Materials
AMAT 235.24+4.5%3:59 PM EST

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To: Gottfried who wrote (24097)9/10/1998 11:03:00 PM
From: Big Bucks  Read Replies (1) of 70976
 
GM,
I call 'em as I see 'em. I've been bearish so long on the tech sector
(since about Aug/Sept last year) that I think I've grown fur. IMO, it
is not prudent to act like a bull when you are walking down the plank
to the slaughterhouse. The market has made a "statement" that it has
been overvalued and now wants to correct back to reasonable levels
and stock valuations based on fundamentals/Valuation and
market conditions going forward. The market is always right,
why fight it.
Anyone have a graph showing the Dow cycles over the last 25 years??

BB
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