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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 3:59 PM EST
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To: Paul V. who wrote (56048)11/21/2001 12:03:45 AM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
Paul V,
RE "We will see who bails out so we can buy their shares. <GGG> Then, they can buy back in at a higher price."

Yes, it's true! There will always be people who are going to sell at a lower price only to buy back at a higher price. I cite as an example the ones who, during the Bull market of 1996-97, sold at 22 then bought back at 62 later. All ended well for them though when they finally sold before the stock topped at 108 3/8 and got some profit also.

... But I don't think they have the great numbers to be able to force down AMAT to 22 again --- so let's just be Thankful, especially this Thanksgiving, for whatever discount they could give us for their stocks.

Actually Bulls and Bears are not real enemies. They both gain by helping each other provide opportunities for profit. They just alternate helping each other and all goes well for both.
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