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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: Jacob Snyder who wrote (20067)11/6/2001 4:43:15 PM
From: Tito L. Nisperos Jr.  Read Replies (2) of 70976
 
The bottom indicators you've cited have been done or at the process of being realized. We've witnessed AMAT declined for 18 months from 115 to 26.59 and I think that's enough. We are in the early stages of a Bull Market that will last for more than 18 months.

I've a new indicator to reinforce my thinking that we are going to have a Bull Market next year that the price of AMAT right now (saw it trading more than 40 after hours) is low compared to what it will be 18 months or maybe 2 years from now. What we are seeing now are people getting laid off. But my indicator says Foreign Temps (contract workers with 6 months to 2 years renewable contracts) are having a field day landing jobs around the world. Every time they increase in number in one year (like this year) we're going to see Bull Markets in most stock markets around the world the following year. That has been going on since 1995 when this Worldwide economy was in its early stages.... One side note is that Countries who accept a lot of Foreign Temps to help in their Economic development fare well in times of economic downturns worldwide. It may be because when those countries add workers including foreigners, more people earn more money, spend more money internally and in turn enable more businesses to grow and hire more workers ...
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