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


To: michael97123 who wrote (43589)3/12/2001 4:46:46 PM
From: Sam Citron  Read Replies (3) | Respond to of 70976
 
whats coming?

More bad news to be sure. And there is little that the Fed can do to change the barrage of bad macro and micro numbers in the short run, except to ensure liquidity if the s*** continues to hit the fan. Eventually the market will stop going down in response to bad news and we will have a powerful rally which will surprise everyone, but it is much too early to look for that to happen yet. It may not happen until you have already sold your tech stocks, Mike. What do you do on that capitulation day when you see your tech stocks down 20% on the day? Fold 'em, hold 'em, or buy more?