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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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From: Robert O5/9/2002 12:22:14 PM
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ot trading ranges con't

Okay this guy gets the new award for use of phrase:

"Let's not get too excited. We had a great bull market in the late 90s. What we've had since then is a trading range," Dorfman said, noting that he expects the market to continue treading water for another 24 months."

So from beg. 2000 on we have been in a trading range?? Naz started at 4000 and went to 5000 then down to today's 1650! That's some trading range lol It's no wonder he expects next 2 years to stay treading water 'in a range.' In fact it would appear there is no similar time period more volatile than the one he identifies. Am I missing anything, why is this kind of thing even 'published'?

RO
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