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To: getgo234 who wrote (12633)5/26/1998 7:16:00 PM
From: shane forbes  Respond to of 25814
 
getgo:

AMAT today announced some voluntary layoffs or something similar. The problem I think now is that people are now really focusing about lacklustre demand from all over the place. The supply side is off in the distance for now.

so right now psychology (fear) and demand (reductions) overrides reduction in supply - to wit, everyone is getting scared...

now that I think of it does this mean no FOMC rate hike in July?

every dark cloud has a silver lining - even if it is just a fool's gold...

Shane.