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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 223.21+4.2%2:42 PM EST

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To: Jim McMannis who wrote (55938)9/20/2001 4:37:06 PM
From: niceguy767Read Replies (2) of 275872
 
Jim:

Since January when the fed began reducing the rate, the pundits have been calling for a 3 to 6 month horizon for a bottom...Sounds like most pundits, 8 months later, are still calling for a 3 to 6 month horizon for the bottom...

Personally, I can't see it taking another 3 to 6 months assuming a reasonably orderly terrorist roundup...It seems to me that current indices are already discounting a fairly bleak scenario going forward...Abbey and her gang were projecting 14,000 for the DOW just prior to Sept. 11/01 and we've tumbled fast and furiously since then...a wild overreaction, perhaps...
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