Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.40

+1.2%

3:59 PM EST

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To: robert b furman who wrote (49659)	7/24/2001 8:59:50 AM
From: michael97123	Read Replies (2) of 70976

Bob, I accept your notion of grinding action being bullish. One note of caution however, doesn't the market have to hold up here in terms of the averages. We have sunk into the 1900's several times now and recently there has been no bounce back. I would hate to have this grinding action revisit old nasdaq lows and dow in the 9000s. Is it your belief that we will not go much lower on nasdaq and rally into a more comfortable zone? mike

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