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To: E. Graphs who wrote (16992)2/11/1999 11:39:00 PM
From: Duane L. Olson  Respond to of 25814
 
E!.. Thanks for the inputs... I'm back to the drawing boards myself --
and today's market was quite a surprise. Not sure how to characterize it. But can accept a retest of the previous highs, without affecting the view that a correction is in progress. I'll take another look at how your 530/580 fits in...and get back if something useful occurs.
<<G>>.. For "some point" definition purposes, I'm still falling back on DecisionPoint's April 8th target date as a reasonable target for the high in the current run-- followed by two months of correction to an early June start for the summer rally. Care to comment, now that "some point" is defined? <<GG>>
Here's a link to some of Katherine Derbyshire's work in SemiconductorOnline that may be of interest. Perhaps her discussion of the reasons for the cut in Fabs, and the quantifying of the effects
might fill in some of the discussions on fabs we have had, on-going, for some time now.
Message 7771525
TSO