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


To: Dale Knipschield who wrote (39930)11/23/2000 8:39:02 PM
From: Jerome  Read Replies (1) | Respond to of 70976
 
"Why are we getting killed?" That my friend is the question of the hour.

I have yet to hear or read a good theory that answers that question. By every measurement, and almost every chart that Gottfied has pulled up, we shouldn't have time for political discussions.

In as much as hard data shows a couple of great years starting now, only theories will give us the answer.

My theory is that the nasdaq is in for a prolonged slide and this group being mostly nasdaq stocks is being pulled down with the rest.

As a professor once told me, "in the absence of empirical proof one theory is just as valid as another". He was a lecturer in British Empirical Philosophy (Locke, Bertrand Russell, Hume etc.)

Whats your theory?

Jerome



To: Dale Knipschield who wrote (39930)11/24/2000 12:19:12 AM
From: Gottfried  Respond to of 70976
 
Knip, >"Why are we getting killed?"< Because we're not looking at the same indicators the big money looks at.
Maybe they look at btb ratio. See my new charts posted a few minutes ago.

Also, please be very careful with the 'backlog' chart. You can probably trust the quarterly AMAT numbers. But my calculated SEMI 'backlog' ignores any order cancellations.

Gottfried
G