Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 328.51

+1.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Bucks who wrote (22788)	8/11/1998 6:18:00 PM
From: Teri Skogerboe	of 70976

Bucks, Re: Direction of the market. A couple of views. interactive.wsj.com Excerpt: Prudential Securities Inc. Market Strategist Larry Wachtel suggested that with the trigger coming from abroad and little in the domestic landscape to turn sentiment around, the southbound momentum could persist until September or October. "There's nothing of a catalytic nature to turn the market on," he said. "All you get is bad news." While Mr. Wachtel did say a short-term bounce is possible if the market ends the day with a loss of more than 300 points, he added that the real turnaround is some time away. He said he doesn't expect the market to regain stability until there is some clarity about the Asian economic situation. "You get down to a level where the blue-chips and the broad market coalesce and you wait for some good news from Asia," he said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next