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Politics : Formerly About Applied Materials
AMAT 224.13-2.9%12:25 PM EST

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To: Denice who wrote (24996)10/7/1998 6:01:00 PM
From: Jacob Snyder  Read Replies (2) of 70976
 
first sentence: This is one stubborn stock.

rest of post: I wish it (AMAT) would fall with the rest of them so you (BB) could give your buy signal. We could all go on auto pilot and wait for climb back up.

Think about the relationship between your first sentence and the rest of the post.

This stock is in undervalued territory, and is a no-brainer (auto-pilot, as you said) long-term. That's what everyone is thinking. Everyone remembers the climb from 11 to 54 in 96-97. That's why the stock stubbornly refuses to go down.

If you want to make your killing (that is, buy before the first doubling off the bottom), you have to do it when you're still very scared. Someone said "Buy when it makes you sick."

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