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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (2201)	8/9/2002 12:08:41 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

>> rolling EPS as a bottom indicator Gottfried, the indicative powers of these indicators utterly pales when compared with dollar strength and money flows. the rally we've seen lately is co-incident with the rise of the dollar (Euro tonight is at 97c). If and when currency traders decide to abandon the dollar again, this rally will stop. However, I've read that the Euro is unlikely to rise for a while, because the German economy is losing steam. By the way, I bought a little AMAT today, so any strength there is welcome. Hopefully the money changers will not sell US down the river tonight. I need this rally to continue for a few more days. Sarmad