Zeev's Turnips Patch-No Politics (ZEEV)

[Culmus]

Gottfried, if it weren't so much work I'd love to follow some quantitative measures over time, like the price/book value of some key stocks such as INTC, TXN, STM, AMAT, KLAC, NVLS, etc, and price/sales ratios, PER's and such. Got all that, but not updated for a long time.

This could be key, remember the summer of 1998, stocks had taken quite a bath already. Then the rebound came later as expected, whoops, another 20 - 30 % gone. Like the BtB here, just another one or two months to the downside were all that was needed:

http://home.comcast.net/~gottfriedm/SEMIcharts/eqporders.gif

What if we get this in reverse here, just another one or two months that orders do not dive? They could change their mind again. -gg-