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


To: Jacob Snyder who wrote (56997)12/5/2001 4:06:08 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
So Jacob,
Time to make the call. 3 possibilities of yours restated
1. rally ends soon at your 2080 number before entering 2100-2300 trading range
2. we get to top end of trading range and stall along with dow somewhere between 10,5 and 11k
3. We go back to april highs of 2950 and stall

All 3 could be bear market rallies. Wont necessarily be a bull until we top 3000. Is that about right? So whats your flavor?



To: Jacob Snyder who wrote (56997)12/5/2001 4:19:49 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Jacob, I hear you >the conditions that predict where we will be in 3, 6, 12 months, that's bad too<

It could be investors aren't taking those predictions seriously because lately LT predictions have been quite inaccurate. Besides, isn't it also normal to extrapolate current conditions, right or wrong? At the moment the only thing fairly certain is that the semi biz has bottomed. If it skids along that bottom much longer, we may get another buying opp.

Gottfried