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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 322.34+1.1%Jan 23 9:30 AM EST

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To: robert b furman who wrote (719)2/21/2002 10:56:38 PM
From: Jerome  Read Replies (1) of 25522
 
Bob.... my opinion would be that a turnaround will be like a turtle climbing up a long hill.

The economic news for the past few weeks has been all good any yet the market is not responding.

There has to be a positive money flow into tech mutual funds in order for a sustained rally to happen.

Have you or other threaders noticed how many good stocks are hanging around $10.00 a share. Ten a share has become support or resistance for a lot of good stocks. This makes me suspicious of a quick recovery.

Every recovery is slightly different and this recovery has yet to reveal its true characteristics.

Regards, Jerome
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