Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 9:30 AM EST

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To: John Trader who wrote (49050)	7/11/2001 8:16:58 AM
From: michael97123	Read Replies (3) of 70976

John, New contrary indicator are Brians numerous informative posts which are virtually 100% bearish now. That got to be a good sign. If the bear continues, it will be a first in the sense that it will ignore Fed cuts, tax rebates, tax cuts, and falling energy prices. As far as this bearish GLW and Compaq warnings go, i remember a time when I ran a small business. We were on the verge of failure. I informed my family that we were in for some rough times. Next day, big order out of the blue and all was well again. We are probably an order away from the market viewing the glass as half full again. I am not a chartist but it would be a good thing not to go too much lower from here. I am getting ready to buy some stocks at Cary's prices. I will even trade them the way he suggest to get lower entry points. But deep down I would feel a lot better if we could rally from here without getting to his buy points. mike

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