Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 252.34

+1.0%

12:59 PM EST

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To: willcousa who wrote (40960)	12/20/2000 10:52:45 AM
From: michael97123	of 70976

Problem is that Fed doesnt watch cnbc. I had the pleasure yesterday and you talk about self fulfilling prophecies causing a decline. The one good thing from cnbc yesterday was to see their folks puzzled by the continuation of this decline. My God, the 1970's had gas lines, a president impeached, 25% on cd's, Breznev, culminating in Iran hostages for a year. Stagflation was the watchword. This dog doesnt smell like that at all so this bottom is smelling a lot like last years ebullient top.

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