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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 226.05+1.2%3:59 PM EST
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To: Kirk © who wrote (3047)9/16/2002 10:57:58 AM
From: Steve Lee  Read Replies (1) of 25522
 
I have had my share of losing long positions - most notable SSTI and SNDK nearly 2 yrs ago. I lost a lot on both of these. So I understand how it feels and am neither a permabear or one to gloat at someone's losses.

Thanks for bringing some civility back to the conversation and for taking my comments for what they were - unbiased analysis. Apart from the low equity put/call ratio, most indicators I watch tend to show we should bounce soon. But IMO it will only be temporary relief if you are holding techs (and non-techs for that matter). On a valuation basis, we have a long way down just to reach historical means, let alone bear market values.
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