Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: michael97123 who wrote (47680)	6/7/2001 2:16:27 AM
From: John Trader	of 70976

Mike, There will be a lot of resistance at those levels for sure. But if we just bounce off 2890 I would be happy. I would sell some around there as well. If all my stocks got back to their Jan highs I would be doing ok - I bought into some stocks that have gone down further, so my portfolio would be higher than it was in Jan if that happened. The anticipation of earnings will drive the market. Resistance levels are a factor, but the earnings fundamentals will power us through eventually at some point. The question is when. Safer to do some selling up there I think. I have not followed Larry for long. If he is like Joe B., then we should probably ignore his inputs. People like that J. Joseph who called the semi crash last year and who may have called the bottom this year are the types we need to hear from. John

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