Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: BWAC who wrote (5030)	1/18/2003 5:30:12 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 25522

Well, we're allowed to discuss the nasdaq chart, I hope. the index value failed to top the old high of December, even after the improved earnings reports. In fact the nasdaq index headed down in a most violent manner when those $billions were reported. So I guess the shorters think that all the rise from October through November will be retraced, and new lows below 1100 are coming. Personally, I'll just hold. As long as the surviving companies are increasing their lead, that's good enough for me.

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