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

To: Jacob Snyder who wrote (48821)	7/7/2001 7:30:35 AM
From: daryll40	Read Replies (3) \| Respond to of 70976

I've seen many bearish arguments here recently. Frankly, I am usually a bear myself, as, I guess, I have a built in mistrust of the markets and of my ability to make money in them. That being said, there is a bullish argument to be made in that we seem to be on the cusp of slipping into something very ugly. If the news continues to be bad, there is going to be more attempts by the Fed to jump start things. My point is that when everything was hunky dory, the external forces were working to contain the euphoria. Now those external forces will be working to get things going again. I don't know if the Fed can avert a recession (depression?) or not...but I do know that after 14 years Alan Greenspan does not want to go out being remembered for the one that got away. AMAT, being early on the technology food chain, should respond EARLY in any recovery, which we all know. Again, I ain't bettin' the farm here, but just presenting the bull arguement. Daryll40