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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (42367)	2/20/2001 12:14:15 PM
From: Kirk ©	Read Replies (1) \| Respond to of 70976

Morgue? Bottom in? It is like a morgue in this thread today. Is everyone imitating a deer caught in headlights? Man, it is harder to imagine the news getting much worse. California is going to go broke buying electricity unless we send the national guard to Texas to seize the generators' assets by physical force. Of course NOBODY has money to buy stocks as it is all going to pay power bills. Nascar (not nasdaq which I first typed!) Star Dale Earnhardt dies hitting the wall. Nasdaq is pushing through old 52 week lows... perhaps a successful test that many in TA think was needed to happen after we set a low in Dec. (IF we don't crash thru, it probably is good news). Everyone needs broadband to run their business efficiently, but nobody has the money to buy the equipment so networking and optical stocks are doing their very "best rock tossed off a building" imitations.... I hate to let hubris win, but it sure feels like this could be a critical market day. Anyone look at UTEK? Another 52 week high today! AMAT and LRCX and others holding up very well today considering that the Nasdaq is testing the Dec lows.