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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jdaasoc who wrote (18544)	6/22/2001 12:19:38 AM
From: waverider	Read Replies (1) \| Respond to of 30051

Getting pretty thick in here. For those of you who have lived through previous semi cycles, the time to buy is when the PE is high due to lousy earnings and folks are talking about fire sales...and lots of others are predicting the end of the world. It might be wise of course to wait for a slight upturn, but still now would be a good time to start accumulating some of the better companies in the industry. We'll see what happens over the next few days, but I suspect the market has priced all this in already. It isn't news. If everyone here knows, it ain't a secret. Still feel we will be higher July 2. <H>