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Politics : Formerly About Applied Materials
AMAT 259.21-4.0%Dec 12 9:30 AM EST

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To: Adam Nash who wrote (18981)4/23/1998 8:25:00 PM
From: kenya  Read Replies (1) of 70976
 
Good post/insights. AMAT and many techs are ahead of themselves. Everyone is looking 3-4 quarters down the road, ignoring further Asia impacts, likely Fed tightening, and likely corporate tightening. I'm starting to see this almost universal belief that stocks won't/can't go down and must get in to not miss out. I think a correction that sticks is in the offing soon.
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