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


To: Gary Burton who wrote (24238)9/13/1998 7:59:00 PM
From: Bong Lewis  Respond to of 70976
 
"mkt will likely test 7000 next 10 days, perhaps as low as 6500" i dont know if that will happen or not but i am waiting. i am only
buying gradually 30% of my cash since the crash day, 8/31.
I did buy some amat at 25 and it is the only semi-equip stock that
i am dare to buy at this time. i wish your prediction will come
true so i can put the rest of my cash to the market.



To: Gary Burton who wrote (24238)9/14/1998 12:15:00 AM
From: Jeffrey D  Read Replies (1) | Respond to of 70976
 
Gary:<<My 2c---mkt will likely test 7000 next 10 days, perhaps as low as 6500, That will complete the FIRST phase of the Bear and a strong rally up to anywhere between 8000 and 9000 will ensue (SECOND phase for 1-2 weeks followed by the THIRD phase undercutting whatevr low we put in the next 10 days.>>

Gary, your outlook is 180 degrees from that of Bob Brinker. Below is an excellent summary of his weekend radio show. Well, I guess we'll see if you should start your own market newsletter. Good luck and I appreciate your courage to post such a specific prediction. Jeff

Message 5737524