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Technology Stocks : Full Disclosure Trading
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To: BWAC who wrote (5805)6/4/2003 2:23:47 PM
From: Return to Sender  Read Replies (2) of 13403
 
OT: I have to agree with Sam the consensus is overly bullish. The fact that no one here is willing to chase any stock without a pullback first on the long side is simply a sign that we are a more astute group of short term investors.

Longer term AMAT may indeed be a great buy here but short term its upside as shown on the five day chart I am following is severely limited.

Yes AMAT could move even higher over the next two sessions but unless INTC indicates something that suggests a higher capex tomorrow night the stock will drop.

JMHO, RtS
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