Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: Gottfried who wrote (44625)	3/27/2001 5:54:20 PM
From: Jacob Snyder	Read Replies (1) of 70976

That site thinks I am an external host (never been called that before), and forbids access (had that happen before, in a different context). But I think I know what you're saying. you said: "Buyers don't want to wait for bottom confirmation!" Right. That's what produces false rallies. Look at the price movement in the months leading up to those final bottoms, and there were repeated rallies (some of them quite impressive), which went on to new lows. And, if you were patient and disciplined, and waited for that confirmation, you still got in, with 90% of the cyclical uptrend still in front of you. I'll pay for certainty, and it'll be worth it.

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