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Politics : Formerly About Applied Materials
AMAT 259.21-4.0%Dec 12 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (65990)9/27/2002 3:36:57 PM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
AMAT YoYo Demo —- Another Revisit/New Low in Oct and around the Elections? Getting '05 LEAPs this time instead of '04s —- in case History for the Bushes repeats itself. The older Bush won the war but lost reelection because the Economy mattered more to the Electorate. Before the '05 LEAPs expire, the younger Bush would have been out or if not out the Economy would be Booming by then.

Because of the booming Housing market, many Homeowners I know who lost their jobs are displaying don't care smiles. Many are Refinancing mortgages so they have more disposable incomes, many are buying down (selling higher priced houses and relocating to lower priced ones) and many retirees or still in their 50s are selling their homes and going back to the Philippines where the cost of living is much much cheaper. The Economy is getting worse —- even those who have double jobs or working overtime are out of jobs now and one even tried to sell me a cemetery plot.

9/27/02 Bought AMAT 20 Calls 2005 Jan 15 @ 3.70/sh
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