SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 261.81+0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (45319)4/10/2001 9:57:16 PM
From: Rick Storm  Read Replies (2) of 70976
 
Jacob, I know I have heard talk of an inventory correction; but sales and profits have started their decline and so, there is no way to tell how long this will go on; in fact if decreased profits go into next year as even the lagging indicators of home sales and auto sales fall there will be no real borrowing, even with cheap money, as corporations and the consumer scale back and conserve ; there is nothing to cause a change in trend-- we could have volatile deadlock from now then till then; or worse, continued price decline; This is juxtaposed against some quality stocks that are starting to become cheap; sentiment indicators which are very bullish; some wild very powerful up days where plus volume is 9to 1 and shorts are getting cooked and they remain cocky ; so where is the bottom ; soon, with a volatile go no where market -- or in 6-12 mos when despair rules( I have not seen this yet) and any money used here evaporates and leaves really great bargains for the smart investors; this is something we are all trying to figure out ---its as murky down here, as it is near the top
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext