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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%3:59 PM EST
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To: akidron who wrote (10535)11/8/1997 3:58:00 PM
From: Tito L. Nisperos Jr.  Read Replies (3) of 70976
 
Akidron, I use the Posts in this Thread as an indicator of the future price of AMAT. As I feel it, tremendous buying occurs at the low 30s. (For the stock to go to 25 or less, there should be a really bad bad news that even the Fed and the Treasury departments with their assurances that nothing is wrong in the economy, can not prevent the meltdown of the whole stock market). I assume that every participant in this thread compose his Post according to where his money is:---if he is a Bear, he emphasizes negative things; if a Bull, positive things. Otherwise, he is indulging in self-flagellation---which is possible also.

Since you disclosed where your money is, there's no harm if I do mine also. Because I play Options, I frequently turn them over, lest I'll be caught holding empty bags if I let them expire worthless---all the while maintaining my Long Term bullish stance. I did sold out at 54 (108 pre-split at that time) but bought them back from 53 to 30. So I have huge paper losses (although those are really gains having withdrawn and spent my capital already earlier in the year). I ran out of cash and the only cash I got is 3K given by my wife's co-worker (who admired my wife's new car bought by AMAT) for me to invest in AMAT LEAPs hoping that in 2 years time she could also buy a new car---that is after splitting the gains in half with me and helping me shoulder the taxes later on...
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