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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (9276)10/23/1997 8:50:00 PM
From: Martin A. Haas, Jr.  Read Replies (4) of 70976
 
Tito, Big Bucks and others, I heard some interesting comments made on the news tonight that I think should be considered. First, there is a good rally going on in the bond market this week. The yield on the 30 year treasury is now at 6.33% meaning that interest rates are coming down. And up until recently, hasn't the trend of the stock market followed the bond market? Secondly, I think Greenspan is getting the correction he wants without a rate increase. Thirdly, if other markets around the world are tanking, then the US market is the only one that can provide investors with some certainty and safety. The foreign money should start pouring in soon.

I think if interest rates continue to move down, then AMAT and the market is going back up.

Regards,
Marty
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