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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: daryll40 who wrote (55124)11/6/2001 3:03:44 PM
From: michael97123  Read Replies (1) of 70976
 
Daryl,
1/2 pointer today should be a win for the bulls by the close although the market is down now. Monetary and fiscal arms of government + opec(involuntarily) are doing all they can to do jump start the economy without any concern to inflationary consequences. Add to the rate cuts, the hum of the printing presses. With money markets paying so little many dollars now chasing equities. This is a condition that exists apart from business fundamentals which are as bad as ever for many industries. Only in tech is there a glimmer of hope as inventories already have been reduced substantially. If we get lucky in war and in love(better xmas than expected) we could get some good gains into early next year. Do i hear 3000? No, not yet. mike
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