Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.92

+3.1%

Nov 24 3:59 PM EST

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To: Skeeter Bug who wrote (23903)	9/7/1998 11:06:00 AM
From: Gary Burton	Read Replies (1) of 70976

Skeeter--The bulls and short covering will ensure that 'he said ease' will win the day even if he didn't say that. Greenspan of course knew that his comments would spark a strong rally. In fact I've revised my earlier comments somewhat and now suspect that the DJ will be able to get into the mid-8000 area before starting down again. I still believe that 7400 will fall, it is just that the next drop needs to first gain some altitude from which to gather downside momentum--too sold out at the moment.

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