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


To: Gottfried who wrote (40164)11/30/2000 4:36:07 PM
From: Alastair McIntosh  Read Replies (3) | Respond to of 70976
 
Another negative outlook:

Salomon Cuts 2001 Targets on Semiconductor Equipment Industry

thestreet.com



To: Gottfried who wrote (40164)11/30/2000 4:36:14 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
We are heading to zero or perhaps minus territory.

We are losing money but still smiling. We know we will be ahead sometime in the future. Money managers will jump in all at once at the bottom. Can todays action be categorized as capitulation. Or was the rally back and the strength in certain stocks a signal that we are close. What do you think?



To: Gottfried who wrote (40164)11/30/2000 4:38:04 PM
From: Sam Citron  Read Replies (2) | Respond to of 70976
 
Gottfried,

Yahoo's minimal 1 year default charts w/o volume on this page view do not really do justice to the magnitude of these moves today. One-day views show the magnitude of the rebounds, while a decent one-year chart with volumes permits an easy volume comparison. What I look for, in vain, so far, is a key reversal. Based on my experience observing these failed key reversals, is that they usually signal tradeable reversals lasting several days nevertheless.

I'm not worried about the burn at all. I've noticed that my net worth can decline by 5% a day forever without getting wiped out ;-0

Sam