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


To: Proud_Infidel who wrote (47319)5/27/2001 3:55:20 PM
From: Math Junkie  Respond to of 70976
 
"I would tend to agree if not for the near uniform chorus of people uttering these exact same words in expecting another down leg in the market. Usually when people are in such agreement, they are wrong."

Looks to me like bulls still outnumber bears by anywhere from 1.4:1 to 2.8:1, depending on which survey you look at.

i5ive.com



To: Proud_Infidel who wrote (47319)5/28/2001 12:55:31 AM
From: Sun Tzu  Read Replies (1) | Respond to of 70976
 
Back in January I told a friend of mine that we might revisit towards the recent lows, but we have already seen the bottom. I still haven't seen anything to change my mind. I am not looking for another down leg. IMO that will only happen if some external factor off the left field comes into play (a global recession, a war, a ...) Otherwise, we'll hold the recent trading pattern until there is clear evidence of recovery.



To: Proud_Infidel who wrote (47319)5/28/2001 7:21:44 PM
From: trilobyte  Read Replies (1) | Respond to of 70976
 
I think one must remember, in this discussion, that
tech companies have already insured that their earning
estimates would come way way down. So a wave of pre-
annoucements is unlikely. People counting on this to buy
"on the panic selling" often associated with pre-
announcements will probably be disappointed.