Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Gottfried who wrote (65518)	9/3/2002 4:28:34 PM
From: michael97123	Read Replies (1) of 70976

G, Is throwing up appropriate after a day like today? I view it philosophically. Given that yesterday was a holiday and the Euro/Japanes-Tank took two days to accomplish, the US markets were forced to adjust in one. So view it as two days down 175 each. Dr. Hed called 1263 as his closing bottom for this period. Market closed right on the number. Even a few of the bears on Dr.Heds thread are long now because the market are so oversold. The $64 question is will this be JULY REDUX or will there be an appropriate rally beginning tomorrow hopefully after what in reality is a two day drop after a five month drop. Be back tomorrow. mike@churningstomach.com

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