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Politics : Formerly About Applied Materials
AMAT 256.41+1.1%Dec 19 9:30 AM EST
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To: akidron who wrote (18883)4/19/1998 7:00:00 AM
From: Steve Byers  Read Replies (2) of 70976
 
thanks for the thoughts.... I think the Nikkei down 500 is a possibility in here soon, lots written about the weakness in Japan and in Asia in this weekend's Barrons, and the markets may be getting a little toppy nervous... since I am trading at these ranges, I am most likely within a week of closing out the short on amat as I think there will be a few points in the earnings runup as we near April month end, so I'd like to catch a little more down, then the couple points up, then will be OUT to wait for lower prices.... at or near 30

you know what else is interesting... so few posts on this thread lately... seems we are all tired and this may be a sign of giving up the short term ghost of the euphoria which had settled in for so long.... even through the months of Sept, and then Oct and Nov.... we'll see, I may be wrong and miss a gap up, but then gain, maybe not... the previous thread compared btb over the past 6 years or so... and one can only look at what happened to btb and the stocks price in 96 and '97 and into '98.... and what strikes me is the "direction" of btb in 96 which I think "led" the downdraft in prices, so what do we think the "direction" is here over the next 6 months???? and we may then see the answer to our price question on amat.... what are your thoughts here?
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