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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (22078)	7/23/1998 10:53:00 AM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

GM, Thanks for the update on the graph!! It looks like we might be headed for 0.60 as a bottom sometime in Sept/Oct/Nov. I disagree with Jtechkid on a significant rally in Sept/Oct, per my previous posts and rationale. I did agree with the comments he posted concerning comments made by the semi fund manager about the semis being "dead money" for a while. I suspect that all the funds will capitulate on the state of the semi equip mfg's and sector rotate out of the group in late Sept thru Oct to move into other areas with more upside potential, but I still think we will see another "October surprise" with a 15-20% market correction in that time frame. Just my opinion, BB