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Politics : Formerly About Applied Materials
AMAT 228.68+1.2%Nov 17 3:59 PM EST

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To: Gottfried who wrote (42965)3/2/2001 11:21:26 PM
From: Jerome  Read Replies (1) of 70976
 
The time of opportunity is here now, with AMAT and all the semi's that we follow.

E. Carney pointed out how nicely AMAT bounces off its 200 DMA.

Snyder points out how AMAT hits the brick ceiling somewhere about 51.

Others have pointed out any rally is unsustainable because of selling into the rally.

Others say that we are not looking out far enough out across the valley. I say the valley is a lot wider than the first surveys indicated.

This could be the golden age of covered call writing. The ideal covered call is a stock with a lot of volatility that goes nowhere. No need to pick particular candidates in this field. They all work reasonably well.

Jerome
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