Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Gary Burton who wrote (26051)	11/8/1998 12:09:00 AM
From: 16yearcycle	Read Replies (1) of 70976

"So a new high is prob in the cards." My reading is that it should not happen, but the market has a way of doing the most surprising thing, so it may very well occur. And it has to happen to humiliate every last bear pundit, and drive newbies to reevaluate the "knowledge" they believe they have developed the last 12-18 months of their lives, or perhaps leave the game entirely. M2 readings are grotesquely high. It is HIGHLY unlikely to get a drop when the pump is being primed this hard. The fed is using a da** firehose to prime the pumps. They will worry about sky high equity prices later, after they save the world.

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