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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 281.58-3.6%3:59 PM EST
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To: Proud_Infidel who wrote (17294)1/19/2006 9:03:47 PM
From: etchmeister  Read Replies (1) of 25522
 
AMAT was disappointing today, up less than the Naz on a % basis.
Three steps ahead and two steps back.
The financial community isn't what I call bullish about semis - not at all assuming majority of call sellers represent Big Money who is bearish selling upside potential to the "gamblers".
Perhaps one possible reason mid and small cap might outperform - in case of Varian very little "option related noise".
I believe many shorts thought 20 would not hold and perhaps some call sellers got themself in (little) trouble .
Otherwise
It's a long way to Tipperary,
It's a long way to go.
It's a long way to Tipperary...
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