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 225.33+2.3%12:19 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (63163)4/24/2002 4:17:58 PM
From: Return to Sender  Read Replies (1) of 70976
 
>I have no idea what led to this sell-off<

Could it be....

Irrational Exstuperance?

Seriously I guess we all have to admit valuations are high if we are going to get only a tepid recovery.

Sometimes the market just snowballs down hill. We have seen it numerous times during this Bear Market. The latest excuse for selling seems to be that there is not enough evidence of a pick up in end unit demand for most semiconductor companies.

Take a look at this chart of AMAT. How many times has the stock gone down 5 days in a row?

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

Answer only just now.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext