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

To: willcousa who wrote (42499)	2/22/2001 1:03:12 PM
From: Katherine Derbyshire	Read Replies (1) \| Respond to of 70976

OT Taxes As opposed to the republican tax plan, which will benefit their political buddies? Katherine

To: willcousa who wrote (42499)	2/22/2001 1:03:53 PM
From: Fred Levine	Read Replies (1) \| Respond to of 70976

Analysts are panicking, and, in a great show of prophetic courage, downgrading everything that has already plummeted. Analysts tend to follow, rather than lead, the market. Today, I thought the bottom had fallen out, and thought, as I got margin calls, that I'm watching Oct '87 once more. There has been a strong recovery and I still think that the shorts are getting squeezed. The rules of ST investing have changed, and I wouldn;t be getting margin calls if I knew them. There are substantial short positions in the techs, and any semblence of positive news will, IMO, change the direction of the market. I still believe there is little bad news left. fred OT OT I define a liberal as one who would rather pay $50 in taxes for a good road, rather than $5000 for a car with a good suspension system. I have lived in Europe and think our level of public services--parks, highways,day-care, support for the arts is a national disgrace.The city of Berlin used to budget over $500 million for the arts, while the National Endowment in this country was $125 million, and was attacked by Gingrich and his contract on America.