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

To: StanX Long who wrote (58608)	1/9/2002 10:54:17 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

1/09/02 - London shares close lower weighed down by falls in retailers, oils, telcos host.wallstreetcity.com LONDON, Jan 09, 2002 (AFX-Asia via COMTEX) -- London shares ended the session lower, having spent the whole day in negative territory, as disappointing results from Dixons sparked further profit taking among retailers and with falls in major oils and telecom plays providing a further drag, dealers said. The FTSE 100 closed 21.9 point weaker at 5228.5, well above an early trough of 5200.7. In sharp contrast the Dow Jones was up 93.55 at 10244.10 at the close while the Nasdaq composite was posting a gain of 37.53 at 2093.27. All the wider indices ended the day weaker, with the exception of the techMark which was slightly higher -- up 1.19 points at 1520.01. Trading was fairly strong -- swollen by heavy selling of Vodafone and mm02 shares -- with 2.309 bln shares changing hands in 128,808 transactions. From the outset, the tone among blue chips was negative, with sentiment knocked by falls in heavy weighted oil stocks after news of an 'unsolicited' bid for Enterprise and with retailers providing a further drag after mixed news on consumer spending during the pivotal Christmas period. With little on on the economic calendar today, players kept their attention on today and Thursday's Bank of England's monetary policy committee meeting. However, pundits predict that rates will be left unchanged amid signs of a robust housing market and a buoyant retail sector.

To: StanX Long who wrote (58608)	1/9/2002 11:21:49 PM
From: John Trader	Read Replies (1) \| Respond to of 70976

OT - In latest Forbes Tom Siebel predicts tech will take off. Sorry, I don't have an online copy of the article. Interesting story of amazing success at his company, how he used his own software to predict the tech downturn, and how this same software is now predicting a tech takeoff. Here is the link to the Forbes site (need subscription to get article - maybe you can catch the hardcopy). forbes.com Another link: Message 16884335 On-Topic: Well, I did not lighten up on AMAT in the mid 40's after all. Was thinking of it today though. The next few days should be interesting, either we go down after bouncing off 2100 on the Nadsaq, or we power through to new local highs in a few days. This could be a time to sell or short AMAT, but I will most likely hold on - would hate to miss a run above 50. I will be watching to see what others do on the thread, however. I have sold AMAT a few times and bought it lower each time, wouldn't mind doing that again if it looks like the timing is right. John