Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.08

-2.0%

9:53 AM EST

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To: Sun Tzu who wrote (30723)	5/29/1999 1:18:00 AM
From: Gottfried	Read Replies (1) of 70976

ST, you're right. Kensey's reasons to buy AMAT are not convincing. Usually he goes just by TA, but this time he philosophizes a bit. clearstation.com I've been hazy on what it means to 'position trade'. If I bought AMAT near it's low [knowing about the cyclic behavior of price] and attempted to sell near the top of the cycle, would I be a position trader? Bottom to top took about a year last time and so did top to bottom. [for reference... geocities.com:80/WallStreet/5464/amatprice_orders.gif ] For the semi equips we have the SEMI orders cycle as a guide. I don't have a similarly useful guide for other sectors. Gottfried

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