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

To: Ian@SI who wrote (44087)	3/20/2001 7:08:17 PM
From: Proud_Infidel	Read Replies (3) \| Respond to of 70976

Ian, We still have: 1. The Fed stimulating; 2. Very low unemployment by historical standards; 3. Very high productivity; 4. A major technology revolution in computing, communications and the human genome. We also have real interest rates near the high of their historical 2-4% range, yet we are teetering on the brink of, if not already in, recession. Brian

To: Ian@SI who wrote (44087)	3/20/2001 8:01:08 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Ian, When Nasdaq hits one dollar lets cash in our chip and buy ourselves a Bud. Gloom and doom, the seeds of a bull market are in the making. From what I read of the Feds decision I would expect another cut(intermeeting) if there is some more bad news. Markets are going to need to stabilize on their own. This week could be the 8th down week in a row and if nasdaq somehow gets to 1700, we will have had a 67% correction. My belief is that the nasdaq will solidify first as the Dow finds its bottom. This market is writing off all the tech advances of the 90's. Maybe we are going to hell in a handbasket but I just dont see it. My own business is suffering but I fully expect it to rebound. I have what folks need. They will have to write that check sooner or later. There is no avoiding progress. mike