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

To: Alastair McIntosh who wrote (2517)8/18/2002 3:37:58 PM
From: w0z  Read Replies (1) | Respond to of 25522
 
I believe Zeev's latest forecast is for a near-term (days) drop to around 1308 (possibly high 1200's), then a rebound to 1500-1550 (weeks), then another test of the lows this fall(months), then another higher rebound around the end of the year before another drop next year. You really have to watch the time-frame he is using! I agree with your overall take of what he's saying..."cyclical bull within secular bear".



To: Alastair McIntosh who wrote (2517)8/18/2002 5:36:10 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 25522
 
>> wait until we see if we get the severe fall correction.

Alastair, if we get the severe fall correction, I'll be considering jumping off a bridge. My ret accnt will not even provide a poverty level income at the current interest rates. With a severe fall correction it will go negative.

However, being ever the optimist, I'm expecting it to go up at least 50% by yearend. And double in a year.

Sarmad


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