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

To: StanX Long who wrote (56426)	11/28/2001 8:43:44 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

Thread, No predictions today. I am humbled but not giving up. Consumer confidence numbers eventually beat back the drive to 10,000. I don't think that those numbers take last weekend fully into account in terms of an improved holiday mood. The U of Michigan numbers coming next week tend to be more accurate. There were some new faces here yesterday. Jan took a short position at the old amat interim high of 41.625. But the stock went to 43. I would ask my technical friends to take a look at what that means for amat. Much of this looks to me like buying the dip at the inflection point in 2000 when that strategy started to stop working. Sellling the rally looks real good going into todays opening. I still expect the very round number of 10K to be pierced. Nasdaq has been stronger in recent days than the dow and chips began to assume their traditional role as leaders. End of market commentary. I would appreciate any and all comments. mike