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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST

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To: Teri Skogerboe who wrote (18796)4/14/1998 11:08:00 PM
From: Paul V.  Read Replies (4) of 70976
 
Teri, >Unless this bubble continues, my opinion is that AMAT will see 30 before 50. But, I'll have to admit, everything is viewed as good news by this market. Is something odd about that? Too many bulls?<

I am just glad I did not sell and am 100+% in this market. What is the old expression, "Don't fight the trend."

Do you see any immediate condition which can cause this market to have a major 20+% correction? The only thing I can see is an Clinton impeachment, or a point Fed interest rate increase. Short of this I do not know what will slow down the upward market trend since I interpreted intc EPS a bad indication but the market did not see it the same way.

What are your thoughts?

Paul V.
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