Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: Dale Knipschield who wrote (38015)	10/10/2000 11:20:31 AM
From: Kirk ©	Read Replies (3) of 70976

It seems like they are pouring gasoline onto a fire in a movie theatre AFTER they yelled "Fire!" and then they line up outside ready to sell fire insurance and offer to represent the patrons in suing the movie theatre. I guess one trick to picking a bottom might be buy back when they stop going down on these downgrades or bad news. Equivalent to saying "all the patrons have left the theatre". The long term buy n holders won't budge and those that hope to trade in and out, even if just around a core position, should be all out when this happens. I think the new variable now is the shorts - how do you figure in when they cover? Probably the same thing... when the stocks in the sector stop going down on bad news and actually pay attention to some good news like IBM saying they have another $5B to spend. Kirk out

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