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: Henry D who wrote (40908)	12/16/2000 8:47:33 PM
From: michael97123	Read Replies (1) of 70976

Asian recession, indeed worlwide recession, probably would be be a result of a US recession. That is why it is incumbent on AG to act to prevent that scenario. AG knows how vulnerable smaller, younger economies are and he will NOT ignore the issue to fight phantom inflation. What would you choose here--possible 1% increase in inflation(unlikely in any case) or world wide recession. Even if it turns out that he erred with too many rate hikes, he will not stubbornly stick to that policy. Actually,I believe it will make it even more likely that he will lower rates on tuesday. And that will rally the markets and perhaps in sustainable fashion. And in that rally the big bucks on the sideline will flow to tech which will bounce back business-wise, early and in a big way. Brinker had a QQQ buy at 80. Did he sell out or is he still waiting for a rally here.

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