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Politics : Formerly About Applied Materials
AMAT 341.36+1.3%3:59 PM EST

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To: advocatedevil who wrote (45127)4/5/2001 2:36:08 PM
From: michael97123  Read Replies (2) of 70976
 
ad,
Snap back rally--it will take more than dell news to believe the bottom is in. One scenario is bad employment numbers tomorrow followed by intermeeting rate cut. Fed talking up the economy but looking for an excuse to cut rates that wont panic market. Employment numbers fit the bill because market wont be spooked. If that happens 1600 and change will be the bottom. If it doesnt we will have to retest those lows. 50/50 chance on whether they will hold imo. mike
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