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Politics : Formerly About Applied Materials
AMAT 225.18-1.5%3:59 PM EST
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To: Cary Salsberg who wrote (36576)8/10/2000 6:06:54 PM
From: Jurgis Bekepuris  Read Replies (1) of 70976
 
Cary,

[Hmm, for some reason I can't PM you - SI broken again?
I did not want to pollute AMAT thread]

>If you are an expert short term trader, go for it.

Here's my half-year to a year strategy.

I bought KLIC recently with expectation that it will
revisit the highs before falling off the cliff again.
AMAT is a different story - it may fall less
but it may not jump very high either.

I do not agree with the cheerful "the cycle's not gonna
end" concensus, but I *bet* from all the info
that we'll see some irrational exuberance before the demise.
If it does not happen before mid-year 2001, I'll
try to walk away with a small loss.

Take care

Jurgis
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