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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST
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To: John Trader who wrote (62154)3/19/2002 1:38:03 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
semi-OT: PG raising guidance. They are a good proxy for the entire economy. One more data point, indicating the economy is just past it's low point. IMO, before or during next earnings season, we are going to have another big upmove in the market, as we will have few warnings, and a lot of guidance-raising, and meeting or beating expectations. Only telecom will not participate.

I'll make another prediction: in 2002, the Nas and S&P 500 will beat bonds (ST or LT). We've seen the low for interest rates, and the peak of fear.
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