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

To: Sam Citron who wrote (47006)	5/18/2001 6:45:37 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

"If you want to bet on long shots, go ahead Mike, but I think you are dreaming if you think a complete Naz recovery is going to happen this fast". Sam, My only point is that you would have said exactly the same thing for naz 5100 and then naz 1650. This would just be the third of three years in a row of extreme volatility if this were to occur. All we hear is market moves 10% per year or so and all we get is 80% up and then 70% down. It has been a roller coaster ride since early 1999 so why not entertain the possibility that volatility during this year could take averages dramatically in one direction or another. I am not predicting--I was just analysing a prediction that called for a double this year. My fundamental point was that if it happened, i probably would exit, expecting the worse the following year based on a lack of depth to the recovery. I hope that clears it up. Mike