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

To: Proud_Infidel who wrote (27748)	1/17/1999 11:53:00 AM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

BK, IMO, Jake has been more right than wrong and has the profits to show for his "opinions". I applaud his analysis/instincts. At some point there will be profit taking from this market "exhuberence" and the semi's will respond accordingly, as usual the question is "WHEN?". IMO, investors should be very cautious, the markets have been ahead of the "typical" time cycle by about 6 weeks since July of '98. If historical precedence is of any value, the markets have tended to sell off in mid late Feb time frame going into late winter/ early spring. Advance that by 6 weeks and we are very nearly at that point, IMO. All we need is a valid reason to take profits and a 10-15% correction will ensue. Will a potential senate IMPEACHMENT be the catalyst??? HMMMmmmmmmm? Just my opinion, BB