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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (4523)	11/29/2003 8:58:36 PM
From: country boy	Read Replies (1) \| Respond to of 4564

Hey E: Thanks for the input. Looking at the ten year chart on GSS puts things in better perspective and I can see more upside despite the huge run so far. Also, looking at the 30 year on NEM is interesting and we're not far from an all time high, except for the blip up to $80 in late '87 (concurrent with market crash?). And speaking of'87, <<<Semiconductors have been behaving well. I am thinking one more forced move and then a correction like 1987>>> Do you mean an overall market correction or one in just Semi's? Of course, as the Semi's go, so goes the market. I don't see any big correction till Feb. at the earliest, and given that every bit of news is positive for the economy, I'd think it would be a while yet for the market to price in a leveling off, or a slow down. I covered my short in IYH for a small gain. OIH made a try but fell short and I'm out of it at the moment. Still long everything else. Hope you had a great holliday, cb