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Politics : Formerly About Applied Materials
AMAT 253.43+2.0%3:59 PM EST

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To: Ian@SI who wrote (47091)5/22/2001 6:17:20 PM
From: Jerome  Read Replies (1) of 70976
 
At the point of maximum pessimism is the time to buy.

Given today's stock prices for AMAT, LRCX, and NVLS, would this not be a point of maximum optimism? The idea that things are so bad they have to get better I would consider an optimistic viewpoint. A pessimist would rationalize that things are so bad that they can get only worse.

I suspect the AMAT and the group are near their temporary highs until the BTB gets north of one.

Regards, Jerome
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