Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 336.87

+1.3%

Jan 28 3:59 PM EST

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To: John Trader who wrote (46601)	5/11/2001 2:24:18 PM
From: michael97123	Read Replies (2) of 70976

John, Market is down today because good news (retail sales) is perceived as bad(smaller rate cut). Does it really matter whether AG lowers rates 1/4 or 1/2. He had done plenty and now perhaps it is believing in pushing string theory to expect much from this cut. So what is the market to do--rally of course because we are not(now) heading into recession and all signs point to recovery. Thats what the market should do now in my opinion. Mike

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