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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: Math Junkie who wrote (48925)7/9/2001 5:48:11 PM
From: Kirk ©  Read Replies (2) of 70976
 
RE:CNBC has been talking about bond investing a lot lately. I predict that we are within three months of the bottom!

There is a lot to this..

Almost all the advisors are now saying avoid tech..

Remember how optical networking was the last area of strength (ignoring biotech which is a different field)?

GLW just warned again and that sector is making the huge cuts...

SJ Merc just did a Biz front page on how bad it is for IPOs... In March 2000 they couldn't find enough ink to talk about the latest IPO multimillionaire and the big houses they were buying, etc.

Most that I know that were not "active" investors before 1997, give or take a yr or two, are pretty fed up and are back to doing other things... passive means they are back to DCA into the 401K and company stock plans and possibly more conservative funds.

Kirk
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