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


To: daryll40 who wrote (56365)11/27/2001 2:57:59 PM
From: michael97123  Respond to of 70976
 
Daryl,
I am not making any predictions other than the dow will cross 10,000 and that my exchange buddy says after that falls there will be a run. Again if that happens, and the dow gets to the points below naz and amat will follow.
dow naz amat

10,200 2050 45
10,500 2200 50

I dont think i am using rosy glasses and i am only calling for this if dow breaks 10,000 which it has not yet done on three attempts. If the dow fails, it will be a first as i have watched all round numbers fall over the past five years in both directions. My buddies argument is that the 10,000 number is focusing all selling and once thru it we will have clear sailing to 10,500. He is a bear and "will short the hell out of the market at 11k."

PS At just about 3pm dow down 50 so amat may yet blow up



To: daryll40 who wrote (56365)11/27/2001 3:10:16 PM
From: michael97123  Respond to of 70976
 
Daryl,
Of course if the dow never does break 10,000 you guys probably end up in the money. What a great game this is. This has been a wild day so far. mike