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Politics : Formerly About Applied Materials
AMAT 228.68+1.2%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (56091)11/21/2001 1:14:07 PM
From: michael97123  Read Replies (1) of 70976
 
Tito,
I would be surprised if we didnt rally from down 100 Dow and down 26 naz sometime this afternoon. The forces that drove the market higher didnt appear weak enough to fall apart so fast. What we have imo is a failed first attempt at crossing 10,000 dow followed by a 2% dow pullback to this point. I have never seen a barrier that hasnt been crossed even if for only a brief time. There is really only psychological value at the 10,000 point so we should get thru it next try. Nasdaq should follow with it, setting up an attempt of its own to get thru 2000. mike
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