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

To: Jerome who wrote (54369)10/21/2001 9:48:07 AM
From: Zeev Hed  Respond to of 70976
 
Excess liquidity will, IMTO, go into equities, rather than create inflation, this because inflation is not a usual response to massive excess capacity. Since liquidity takes a little time to find its "way", I don't expect that major bull move to start for another few months (I have the bottom within a week (before or after) Christmas, and not until we probably get another move down sometime in the not too distant future.

Zeev


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