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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: Ian@SI who wrote (48369)6/22/2001 7:45:59 PM
From: Jerome  Read Replies (1) of 70976
 
. I'd be surprised to see it stay down for more than another 3 months.

That would be my expectation. In three months things will be a whole lot better or poorer. Static markets just don't have a whole lot of staying power.

The upside bet is the safer bet because if the economy deteriorates much more aggressive Fed action would be called into play. If the economy gets better then the usual stock euphoria will take over. If the economy stays the same then Plan B will have to be re-visited. (check with Jacob, Kdavy, AD for details)

Regards, Jerome
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