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

To: Jacob Snyder who wrote (46871)	5/16/2001 2:50:28 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Jacob & AD, Ralph Bloch, Head technical analyst at Raymond James, called this last nite on cnbc. I only heard part of it but i believe he said if we could break 11k decisively it would be a quick trip to 12k. And Nasdaq would follow suit, slowly at first and then pick up steam. We are seeing a little of that today as NAZ strenghens. NVLS and KLAK up 4.5. AMAT usually catches up to them on a day like today. I guess downgrades slowing them up a bit. Last time dow at 11k, naz at 2250 so we should be able to outperform dow substantially as we catch up to the dow move. John Connally and I will be out at 3943 in November. According to that pundit, dow will be 14k then. That wont be so outlandish if we get to 12k this month or next. mike