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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: rsie who wrote (13319)4/18/2000 1:11:00 AM
From: Carl R.  Read Replies (1) of 15132
 
Richard, you've got it. Bear market rallies tend to be extremely fast and furious, albeit brief. I think we'll retest that low again, perhaps tomorrow, and perhaps not until early next week.

Enjoy that gain on the AMAT, Justa, if the bear returns it may not hold. The semi-capex seems awfully pricey to me for this stage in the cycle, but so much the better for the downturn stage, I guess. I still hold my KLAC, but I have two sets of covered calls out against it. If it pops over 80 by Friday I could be short. <G>

Carl
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