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

To: Return to Sender who wrote (23055)	4/29/2005 12:28:02 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 95743

Seeing that chart makes me think BWAC might be onto something here with his "Mr. Algo Rithm". How many people follow Fidelity? And here is Fidelity saying invest blindly at this or that point in the cycle. The scary part is that people's opinion on what part of the cycle we are in changes weekly! I have never had less faith in the concept of an "efficient market" than I do after seeing all I have in the past few years. People chase stocks; they do NOT make rational attempts at discounting future cash flows. The notion of real efficient markets is nonsense taught in schools, and is not practised in the real world. Brian PS. Thx for the chart.....I do like to see what "they" think.