Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 3:59 PM EST

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To: Skeeter Bug who wrote (23903)	9/7/1998 1:07:00 PM
From: Ian@SI	Read Replies (3) of 70976

S.B., It appears that you're in the 4% of the people who've interpreted AG's comments as meaning, "... i think this was obviously fed speak saying "don't expect a decrease in rates anytime soon."..." Looking at what has been happening in Far East, Asia, Australia, Africa, Europe and Latin American Markets since the speech, we can expect a major upward movement beginning tomorrow. If you read Greenspan's words, it's apparent (to me and most of the press and many of the world's investors, at least) that the fed has put in a safety net where none existed before. IMO, now is no longer a good time to be short. FWIW, Ian.

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