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

To: Jacob Snyder who wrote (57033)	12/6/2001 8:07:06 AM
From: Jerome	Read Replies (1) \| Respond to of 70976

>>>re: is it euphoria yet?:<<< not at all Instead of unfounded optimism....I would say that its firmly based. Your examples are good, but at both previous peaks we did not have the heavy duty drivers of low and lower interest rates, lower energy prices, and government stimulus packages. Its been shown that the market follows interest rates over any set period of time. We will have a better idea today when INTC gives a insight into the year end sales of chips. The talking heads bring up how far stock prices have come from the bottom of the cycle...thats of no consequence in my opinion...outlook is everything. Regards, Jerome