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Politics : Formerly About Applied Materials
AMAT 317.97-2.8%3:59 PM EST

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To: Paul V. who wrote (63545)5/8/2002 6:03:10 PM
From: Donald Wennerstrom  Read Replies (1) of 70976
 
It was a nice day today, but first we have to see what happens tomorrow, and the next few days. We need some follow-thru.

I see by looking at some of the boards tonight, some individuals already have "shorts" in place for tomorrow.

Even if we have a nice run here, I don't see anything like the strong gains from Oct 98 to early 2000. A run over the next 2 years could be pretty good, but the last one was "outstanding". It started from such a low, "oversold" base the gains were spectacular. The base from which the market is starting now is much higher this time. Many persons also think we haven't reached the bottom yet.

Don
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