Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

3:59 PM EST

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To: Jacob Snyder who wrote (37732)	10/3/2000 2:07:59 PM
From: michael97123	Read Replies (1) of 70976

Jacob, It is possible that the market/charts are telling us something that just won't happen, whether it be hard landing or an end to the up chip cycle. Charts are showing that alot of people can be wrong and that a minority may be right. That's the bet the longs are making. Nasdaq 5000 in hindsight was a ridiculous overreaction and this is the opposite. Bet charts looked good near the top and i remember Battapaglias visits to cnbc at that time. We didnt get to 6000 then and i dont believe we have much lower to go. Hope for a greenspan surprise in 5 minutes. MIke

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