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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (39141)	11/4/2000 10:25:29 PM
From: Sun Tzu	Respond to of 70976

While we endlessly debate leading and trailing indicators for the semi-eqipment cycles, are we just aimlessly walking around a junkyard? Yes. There are such deep pockets researching the market from every angle, that if there was any group of indicators that could reveal a net positive results, the market would not trade at a discount for more than a few days. I am in the middle of devising some models of myown. This is purely for personal interest. I do believe in the author's position. That is one of the reasons I've stayed out of the market for a year now; I just could not find any defining sentiment in the market. A big contrast to the years past. ST

To: Jerome who wrote (39141)	11/4/2000 10:27:03 PM
From: Gottfried	Respond to of 70976

Jerome, >the only indicator that was worth a hoot was public sentiment. And that that indicator does not lend itself to easy measurement< Not the only one, but very important. And it is reflected in stock price to some extent. So maybe studying stock price trends is not so useless. :) Gottfried