Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 228.68

+1.2%

3:59 PM EST

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To: Big Bucks who wrote (27768)	3/1/1999 2:36:00 PM
From: Terry D	Read Replies (3) of 70976

To quote you on Jan 17 - "At some point there will be profit taking from this market "exhuberence" and the semi's will respond accordingly, as usual the question is "WHEN?". IMO, investors should be very cautious, the markets have been ahead of the "typical" time cycle by about 6 weeks since July of '98. If historical precedence is of any value, the markets have tended to sell off in mid late Feb time frame going into late winter/early spring. Advance that by 6 weeks and we are very nearly at that point, IMO. All we need is a valid reason to take profits and a 10-15% correction will ensue. Right again sir. What now? t d

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