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Politics : Formerly About Applied Materials
AMAT 230.17-1.4%Nov 7 9:30 AM EST

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To: John Trader who wrote (41355)1/8/2001 1:10:01 PM
From: michael97123  Read Replies (1) of 70976
 
We need a rally today. Except for the occasional big pop in nasdaq we go down every day. The conditions remind me of 1987 but the market is behaving like it did in 73-74. All those who bought or held in 87 did well. I am counting on that again. There is no reason to believe we are headed into 70's stagflation or 1929 depression. I am beginning to believe that this inventory correction and Christmas mess is a one-time short term phenomena to be overwhelmed by q2 earnings.
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