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


To: Robert O who wrote (50317)8/9/2001 1:28:35 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
RO,
Cisco behaving well now and I think that might be important in preventing a complete collapse today, tomorrow and monday. Chips look like they are bottoming short term. Other than that I wish it was friday at 4pm right now. As far as the Fed I am not predicting either. It is my belief that the market needs to get over its current view that interest rates are low now. Actually with no inflation and probably deflation ahead, they are high as hell in real terms so a 1/2 point would only be the sane thing to do. If nothing works and we become Japan, i will do the only honorable thing and commit hari kari. mike