Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.89

-1.2%

Dec 31 3:59 PM EST

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To: Jacob Snyder who wrote (33723)	1/13/2000 11:05:00 AM
From: Guy Gordon	of 70976

re: "what would it take for you to turn bullish?" "Consumption has to come down, savings have to go up, the trade deficit has to come down." We've been in a bull market since 1982, and the trade deficit has never come down. I think it's pretty irrelevant. It actually benefits consumers. Second, "consumption" isn't bad. Alan Greenspan isn't against growth, consumption, imports, or high stock prices. He's fighting inflation. Period. So the only thing you really have to look at is the core CPI. Everything else is secondary, in the sense that it's only important if it affects the core CPI.

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