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


To: Dale Knipschield who wrote (2468)8/16/2002 1:08:37 PM
From: Gottfried  Read Replies (2) | Respond to of 25522
 
Knip, the ratio has to come down to 5 again stockcharts.com[w,a]wallyiay[pf][vc60][iub14!lb14][J4019688,Y]&listNum=3

G.



To: Dale Knipschield who wrote (2468)8/16/2002 1:15:58 PM
From: Proud_Infidel  Respond to of 25522
 
Knip,

I think we may be seeing people putting money to work into the Nasdaq again, afraid of missing anything. We are at depressed levels, so any spark of good news will likely propel the markets forward very quickly. IMHO, the Dow is not nearly as depressed. At the very least, these recent rallies should put some fear into the hearts of shorts, something that has been missing up until this point. Just as the market cannot go straight up forever, likewise it cannot go straight down forever, something that some greedy shorts had forgotten.

Regards,

Brian