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


To: StanX Long who wrote (52896)9/23/2001 6:09:19 AM
From: robert b furman  Read Replies (1) | Respond to of 70976
 
Hi Stan,

Up pretty early this a.m.?

I think the market is so oversold it now becomes a low risk buy.The worst that can happen is a retest of Friday's open.

Maybe a little more slapping to do in the DJ-30 - but I think the Spx looked frisky at the close. Tne Naz just went sideways.

All the Semi stocks I track are very (historically oversold).Waiting on a retest to buy this final dip. gulp

Bob



To: StanX Long who wrote (52896)9/23/2001 12:34:34 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Stan,
It strikes me that we missed putting the pieces together by a few days in order to thwart the attack. Pro tech government spending could lead to a massive upgrade of government computer system and software. Other areas that i have heard mentioned is government mandated computers and internet centers in all public schools financed by Uncle Sam. We have entered a new era. Wise government spending without bureacratic entanglements(oxymoron--i hope not) are key now to our survival. If tech doesnt lead the way back there may be no way back.
Of course none of the above means we should not deal with the short term impact of the attack for airlines et al., unemployed folks, health care etc. Conservatives have to make a U Turn dictated by history. Important point is not to eschew government spending but to make it effective. mike