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

To: Kumar Nathan who wrote (13016)	12/11/1997 8:24:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

As was pointed out by someone on this thread, the NAZ 100 index closed at 1001.88 yet is currently trading at 1012 on the CME site. The crazy part is that the site lists the index as down 3 points. Can anyone say definitively what the index closed the day at? Either the Yahoo site or the CME site is wrong. Or we are all misinterpreting the data. I'm confused. Losing gobs of $ will do that I guess Regards, Brian

To: Kumar Nathan who wrote (13016)	12/11/1997 8:26:00 PM
From: Jeff Mills	Respond to of 70976

<<If we take bond into account then both DOW and Nasdaq has to catchup big time.>> Kumar, I think the bond market and stock market decoupled about 3 months ago. With bond yields at 6%, the Dow should be hitting new highs and should be testing 9000. If the yield moves back up to 6 1/2 to 6 3/4 % and stocks do decide to become coupled again, the market is in some serious trouble. IMO, there is no tech I want to buy right now. Typically, the last 2 weeks of the year are very weak and affected by individual investor tax loss selling and light volume days. Additionally, you will notice tech is making lower lows and lower highs on their bounces. AMAT has hit into the $27 range and my bet is that it will stay there for a few days/weeks. The real test will come at $20 IMO. Anywhere under $20 is a no brain buy if you ask me. If one does buy here, average in. Buy 20% now, 20% in about a week etc. You may not time the bottom tick, buy you will do a hell of a lot better than buying 100% now IMO. Peace and good luck, Jeff