Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 220.17

-6.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (26824)	12/2/1998 8:53:00 PM
From: Ramsey Su	Read Replies (4) of 70976

Let's hear the Bears talk this down<GGG> Brian, you try so hard to look for a little good news here and there without pausing to look at the red light right underneath your nose. What is the biggest news today? Frankly, I am surprised that the message was delivered via a 747. BA is one of the largest exporters and contributes dearly to balancing trade. Do you have any idea what our trade deficit is going to be like going forward? Do you have any idea how our current account is financed by insecurities in other parts of the world? Further more, do you have any idea how over capacity is hitting just about every sector imaginable? Do you have any idea what single digit per barrel oil prices are going to do to the economies of Russia, Indonesia, Venezuela, Mexico, other OPEC countries? To assume the events of the world today are routine and the US will remain the oasis of prosperity is obviously the mood of Wall Street today. The stage is set for the mother of all corrections. I have no idea what will set it off but my guess is we will be down 20% or more within 3 months. These little bumps today are great for day trading and selling some over priced holdings to the greater fool. Ramsey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next