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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 257.34+1.5%3:05 PM EST

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To: Lizzie Tudor who wrote (7206)9/17/2003 11:35:41 PM
From: BWAC  Read Replies (1) of 25522
 
<We can't flatline like this forever. >

That is either the new rally point, or was the old theory behind the 100%ish rally thus far off the lows.

Who knows which.

Obviously (to stupid me anyway) it would seem that orders can't stay this low for much longer. So the next move in orders is up. Eventually. Oneday. Of course it is also my opinion that a doubling of orders is more than fully priced in already based on any sane earnings multiple over a complete cycle. Above and beyond here, its all speculation that a greater fool exists to dump stock on.

And you know what? That greater fool person does exists. Cause these stock will all at least double again from here before they eventually blow up to new cycle lows.

Buy high. Sell Higher. Just Pile In.
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