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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: kormac who wrote (8627)	11/17/1997 8:26:00 PM
From: Rudy	Respond to of 13456

>I will short AMAT as of the close of today or as of the open tomorrow,< You got it Seppo. It'll be tomorrow's open. I agree with your macro economic views and I am very uneasy as well. That's why I am 50% cash now. Although I cannot say I totally understand what's happening in Asia, one thing I know is trends do not reverse course overnight. I think Asia may go into a bear market (if not already in one). As to US stocks I think tech stocks are in bear market as we speak. It looks like oils going thru a serious correction. People are trying to find a safe harbour at defensive issues, and retail stocks as I see. From sexy issues, back to Peter Lynch picks. It is definately time for KISS (Keep-it-simple-stupid). Take care.