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Pastimes : Richard Ney and the Wall Street Gang -- Ignore unavailable to you. Want to Upgrade?

To: BenYeung who wrote (46)	12/12/1997 10:13:00 AM
From: ccryder	Read Replies (1) \| Respond to of 492

Well, looks like my scenario is happening although phase two of my scenario will not come until Monday. Feds will not raise interest rates. Why should they? The only key that has been used to scare us is unemployment. The problem with using the unemployment statistics is that the eligibility rules were changed a couple of years ago. People could not stay on the roles forever. But the feds have used the historical perspective relating unemployment to the economly, e.g. less than 5 (or is it 6) percent unemployment is inflationary. The AEHR volume spike represented 10 percent of stock so it should qualify as an indicator of intention. Am I right in this? A lot of tech companies are not slowing down. I think that the hurting of the Korean big 3 semi cos will be an opportunity for others to advance fab technology. Motorola just announced a big purchase of KLAC equipment. Any fall in tech stock prices from here is going to be fast down and fast up. It would be hard for us commoners to react fast enough, through etrade, to take much advantage of the lows. As for hedging my portfollio, GSTRF and LOR seem to be relatively immune to this bear, and I am margined only 10 percent. Good luck on keeping afloat.