Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 225.18

-1.5%

Nov 18 3:59 PM EST

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To: Katherine Derbyshire who wrote (44974)	4/3/2001 4:52:46 PM
From: michael97123	Read Replies (1) of 70976

"Who was it that said the market is afraid when it should be greedy, and greedy when it should be afraid?" Katherine, I dont know the answer to the above but it is quite a good quote. There seems to be a lot of shorting still going on reports CNBC and this "will continue until it doesnt work anymore." That is not a profound statement but it is also true. When the market turns shorts covering their positions should give us a real strong rally--tbd later whether bull or bear variety. We should get an attempt at a rally tomorrow so let us hope. In 1987 we turned sharply and went up for a couple of days straight as i remember. I have no guts to buy but with all that money on the sidelines, somebody will try. Mike

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