Gottfried, recently in two occasions, I asked if anybody wanted to start an "AMAT is a Sell" thread---but no takers. Your best bet is to check on the competitors' threads such as the NVLS and LRCX threads. Also, not too long ago, somebody started his own AMAT thread (you better check it also), after being disturbed of "too much CheerLeading in this thread" If you read closely (reading between the lines), you can sense some bearishness in this thread. Even me, when I say, "...sell some on the rise to have money to buy on the dip...", well...I mean what I say---Sell then Buy. Bears in the overall market often advise their clients to do that:---Sell first, then buy later...
Actually, what you are seing in this thread is a reflection of what is happening to the stock:---continuing bullishness is equal to continuing higher price of the stock. When I first accessed this thread in Dec, and AMAT was just above the Gap of 35, there were just a few bulls in this thread like Teri and me, Jeff and Cary, Kumar and Ricardo, Terry and Orson and others I can't recall at the moment. Of course, now that the stock is at the 60s going 70s, you can hardly see a bear.
Historically AMAT will fall a great more than the Dow or Nasdaq. During the last bear market, (1995-1996), AMAT lost 64% in market capitalization as the share price plummeted from its high of 59 7/8 to its low of 21 3/4. So, you can expect AMAT to go back to the 20s if the Bear Market should start say on Monday--- Every Hi-Tech Silicon Valley company should decline at least 50% But then, AMAT will come back to hit new All-Time-Highs, ...as all Good Silicon Valley companies do again and again! ... |
