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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings
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To: Charlie Finley who wrote (1324)1/7/1999 2:44:00 AM
From: Johnathan C. Doe  Read Replies (1) of 1819
 
The Semi Equipment sector is just on fire. A lot of the mid cap plays are just sitting around right now; though I think we could see rotation into them as this is a full blown rally that will last for many weeks and is extremely powerful. The rug will get pulled and it will all reverse, but no time soon. The market will blow past 10k and probably hit 10.5k before any kind of significant profit taking kicks in. For now the Euro is a no impact issue. The market assumes a Clinton nothing outcome in the Senate. The speculative bullishness of this market surge is just incredible. The market is a wild animal. Amazing how it was a dead duck just 3 months ago. That is the lesson. How could anyone have missed that it was a buying opportunity to end all buying opportunities, but I didn't play it; figure it would be a long wait for it to gain momentum again. Who would have guessed this? October did feel like a bottom at the beginning of it, but I figured it would have run flat for a few months. That was what I was looking for. I also didn't think we would surge going into the new year. It is all just a bias and the wind will shift as always. I just hope for lots of volatility.
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