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To: Skeeter Bug who wrote (39470)9/30/1998 10:28:00 PM
From: Estimated Prophet  Respond to of 53903
 
The market is in the *process* of pricing in a recession. It isn't there yet, that's one reason why I'm holding onto my shorts and stocking up on some more...

EP



To: Skeeter Bug who wrote (39470)9/30/1998 10:36:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 53903
 
Semiconductor industry seems to be counter cyclical to the rest of the market. So shorting them on the basis of a recession may prove very expensive.