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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (15816)	6/18/2004 12:06:07 PM
From: michael97123	Read Replies (1) \| Respond to of 95530

"Right now it is overly bullish which is something we see at market tops. In October 1998 and October 2002 it was overly bearish." I understand that its been accurate. I just cant see where we are in similar situations regarding business cycle. I was trying to explain what perhaps may be an abberant reading reflecting a malaise among investors as pointed out yesterday. If we are to drop as before do we really expect to see amat at 8, intc at 13 and so on? Sometimes excpetions prove the rule and this may be one of those times. mike