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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (2343)12/20/1998 6:29:00 PM
From: Joe Dancy  Respond to of 2754
 
Thanks Don. The first article is interesting on the book to bill. The second is on a foolproof indicator, used since 1832, that indicates the market is almost sure to rise in 1999.

Joe
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Orders for advanced IC production systems are helping to prop up the troubled semiconductor-equipment industry, and SEMI's latest book-to-bill ratio for North American semiconductor-equipment suppliers rose to 0.84 from a revised 0.75 figure for October.
techweb.com

There is one predictor of stock market performance that has been uncannily accurate since at least 1832. It indicates that the market is almost certain to rise, and rise significantly, in 1999.
washingtonpost.com



To: Donald Wennerstrom who wrote (2343)12/21/1998 4:03:00 AM
From: Kent Sarikaya  Read Replies (1) | Respond to of 2754
 
Don, incredible data and post. It's convincing that buy and hold is good only when stocks are climbing and that your gains can be substantially more by selling after a strong rally and before the next cyclical downturn. Especially in these high beta tech stocks.
Thanks!