Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 231.41

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1:12 PM EST

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To: Jerome who wrote (50448)	8/13/2001 8:19:26 AM
From: michael97123	Read Replies (1) of 70976

Jerome, Earlier this year after the lows were in place the market started to ignore bad news expecting a second half recovery and rallied to 2900 nasdaq. Well the 2nd half recovery is dead, although a good Christmas season is not out of the question. My question is when will the market become the forward indicator it is supposed to be and at least try to guess at a recovery 6 months out? I guess once burned, twice shy but at some point the technical forces of the market itself will lead to another rally even if it is followed by another disappointment. Conventional Wisdom is so negative now that this rally attempt seems implausible however both the Dow and Nasdaq fared well and my thursday/friday/monday october surprise in august did not materialize. Futures are up now. Who knows! mike PS Thread--We need to keep it civil. It is a time of tension for many of us re: the market and in our personal llves re: the economy. My 10 day old grandson informs me that all will be well so lighten up. Market tensions are like carrying a bag of bricks around. Put the bricks down, continue the journey and relax a bit.

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