Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 9:30 AM EST

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To: John Trader who wrote (45439)	4/15/2001 7:13:58 PM
From: Gottfried	Read Replies (1) of 70976

John, the Richard Russell interview is just another piece of journalism that is timely. Timely because it makes for an interesting headline "Dow 2500 anyone?" - even though that is Russell's worst case as shown in the chart. Does anyone really expect the Dow to lose another 75%? I think Jacob's stance of waiting for a clear reversal of trend in the indices is prudent for loss aversive investors. They'll miss the first 20% [a guess] of possible gains from the bottom, but will be safer. As of now, the NYSEbp has not reversed up - and that is one of the more reliable indicators. Yes, a little TA comes in handy now. Gottfried

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