Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 326.08

+2.2%

1:46 PM EST

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To: Ramsey Su who wrote (21208)	7/8/1998 11:47:00 AM
From: 16yearcycle	Read Replies (1) of 70976

Ramsey, I will not get into another debate around the issue of money flows, the supply vs. the demand for stocks, the boomer effect, etc. I have pointed this out to numerous folks for a minimum of 5 years publicly and privately. In 1990, a big volume day on all exchanges was 220 million shares, now we exceed 5 times that regularly. Whoever is not clear that this market has been driven for years by the supply/ demand equation needs a good kick to the head. Yes, there are many other factors, but the strength of this effect is self evident, and will be profound many years from now, when volume dries up. Let's ride the tiger while we can.

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