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

To: Sam Citron who wrote (46960)5/18/2001 12:21:25 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Some technician on Kangas said 14k dow and 3943 naz and then a collapse. John and I added some fundamental analysis of what could cause this. I am not predicting it but not ruling it out either. If it were to happen it would be the third year in a row of huge moves whether they are irrational exhuberance or inexhuberance. My feeling is that in order for this to happen many folks would be suckered into this market. Mike



To: Sam Citron who wrote (46960)5/18/2001 12:23:43 PM
From: Cary Salsberg  Read Replies (2) | Respond to of 70976
 
Mike knows the details. Some guy on the Nightly Business Report apparently predicted 4000 by the fall (14000 Dow) followed by a 38-50%(I recall) drop.


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