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Politics : Formerly About Applied Materials
AMAT 230.17-1.4%Nov 7 9:30 AM EST

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To: Lone Star who wrote (35974)7/24/2000 11:34:45 AM
From: Math Junkie  Read Replies (1) of 70976
 
I think we are seeing a runup into the LRCX and KLAC earnings, to be reported Wednesday afternoon and Thursday morning, respectively. We may see a selloff on Thursday, as this is quite common after such a runup, although it is possible that it could just continue to go up in advance of AMAT earnings on August 9th. If we get back to the top of the trading range by Wednesday, then I think a Thursday selloff is more likely, unless one of those companies posts some big, unexpected good news, like a big jump in bookings, or something like that.

This concludes my "On the one hand, on the other hand" analysis. (Grin)

Lone Star, I know you know this, but let me just post this warning in case any novice investors are reading this: Past patterns of stock movement are no guarantee of future performance!
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