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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (22956)	10/25/1997 11:58:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 53903

Larry to get a real bear market in the semis (like the decline that ended about July 1996), we need to break a strong support area in the 290 to 300 on the SOX, we are awefully close, and my bet is that we will go through that. Yet, I do not see signs of a general bear market, so rotation will once again be the name of game. Networking anyone? Maybe Biotechs or the big pharmaceuticals? By the way, if we get this semis bear, MU might end up this time near it real book value, it is still much lower than the last abyss. Zeev