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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (36098)7/28/2000 12:28:29 AM
From: Jerome  Read Replies (2) | Respond to of 70976
 
We Must be at the bottom......

Some Factual Reasons:
1) No one on this thread has bragged about getting the low price for day. It would turn out as the high price for the week.

2) The candlestick charts of which some are so proud now look like gobs of melted wax at the bottom of the screen.

3) No more talk of buying the dips.

5) The BtB will now stand for bottom to bottom.

6) No slick option calls by Jerome. ( I refuse to write covered calls at these low prices) No selling of Puts by
Ian. Interesting because we both can't be wrong. Must be fear.

6) The Dorsey Wright indicators for this sector will now be known Dorsey Wrong.

7) The T/A charts all look better turned upside down.

8)The famous five undervalued remain LRCX, EGLS, KLIC, ASYT and your own personal favorite. (Check with Don Winnerstom this week end)

9) The more we proclaim the righteousness of our stock choices the more the sector sells off. (more than a tad of fear)

Its probably time to buy (If you have any cash left) or wait it out if you are fully invested.

Other observations appreciated.

Regards, Jerome