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

To: jtechkid who wrote (18373)	4/1/1998 4:52:00 PM
From: Joe Sabatini	Respond to of 70976

jtechkid, You've been a bear for a long time now, and every time you say that things have to go down, they do that much higher. I gotta say, I feel for ya man! I'm 100% cash and it has been painful, to say the least. The only thing that matters now is interest rates (compare to an earlier post of mine, which listed all the things that don't matter). As long as that long bond stays below 6%, there ain't nothin' gonna hurt this market. It's pretty sad, really, when you have a bunch of idiots over at BA RS upgrading the planet for all intensive purposes. They have to cover their arses, and their invested to the hilt, so out come the upgrades, even in the face of blatant underperformance. Oh well, I'm praying for a crash...something really catastrophic. Here's to darker days ahead! Joe S.