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

To: Pink Minion who wrote (45338)	4/11/2001 8:49:08 AM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

Well, so far this morning it appears the negatives from MOT and EMC are being silenced by the good news from China and a chip sector upgrade from Salomon's JJ. FWIW, I won't change my $46 stop-loss and expect to be stopped-out at the open. It will be interesting to see just how far the techs can continue to rally. Time to re-evaluate, but certainly not the time to buy (IMO). And of course - Congrats to the AMAT longs. AdvocateDevil

To: Pink Minion who wrote (45338)	4/11/2001 2:43:39 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

re: "In TA, you don't throw anything out" I'm not really throwing it out. I just think that 1995-2000, along with 1925-1929, are events that happen about twice a century. The aftermath of those manias is so painful, that everyone who experienced them has to die, before investors do it again. So, we should expect to see the Nasdaq back at the 2000 peak PE and P/S levels, around 2050. That's far enough in the future, that I can safely ignore it. The main reason I abandoned LTB&H, is because there is a serious potential that the painful aftermath of the Bubble has just begun.