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


To: michael97123 who wrote (42617)2/23/2001 3:57:50 PM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
He can wait until March 20 and come in with a 100bps ease, if necessary. There is no reason it should not work, but the healing process will be slower than most expect.



To: michael97123 who wrote (42617)2/23/2001 4:03:54 PM
From: Shoibal Datta  Respond to of 70976
 
Happy as I am with the market ending up the way it did today, it still leaves that unpleasant feeling that it has still not exorcised its demons. The reason for the rally was hope - attributed to Wayne Angell (though Briefing claims it was not him but someone who works for him). These are pretty slim rays though. AMAT did it's usual mad-dog lurching act and is looking to close a point above for the day. SUNW - who cares. The Fed's cutting rates. Wayne said so. OK, it was someone who knows Wayne.

The sun is out in SoCal though! Have a good weekend, everyone.

P.S. CNBC keeps propping this stat that shows the Nasdaq 100's PE is 49 or so, while S&P500 and the Dow are in the 20's. Does anybody have the historical NDX100 PE ranges? Or know where to get them?