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


To: 16yearcycle who wrote (42929)3/2/2001 12:56:42 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
RE: "This finally looks over, guys."

Perhaps, but I don't think so. FWIW, I just added significantly to my short play at 47 1/4.

AdvocateDevil



To: 16yearcycle who wrote (42929)3/2/2001 1:40:57 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
AMAT is rocking today!

...and I'm feeling the pain! ...but! I remain strong ...and continue to add to my short play here at 48-1/2!

AdvocateDevil



To: 16yearcycle who wrote (42929)3/2/2001 1:46:54 PM
From: Jerome  Respond to of 70976
 
Glad to hear it. Now call Joe Kernen at CNBC and tell him to stop broadcasting all that bad news, no more downgrade announcements, no light at the end of the tunnel pronouncements, I think we could go lower from here, the bull is dead, is CSCO a good buy at this price, chip makers are dog food, and all the other negative stuff that has trashed my portfolio.

Now I can rest easy.... Jerome



To: 16yearcycle who wrote (42929)3/2/2001 1:46:58 PM
From: mitch-c  Read Replies (1) | Respond to of 70976
 
Yeah, it looks like I missed the boat - possible 2x or better on the March calls I didn't buy when we dipped below 40. Water under the bridge.

Oh, well ... at least my LTBH position is cranking! However, I won't consider us truly rocking until we solidly break the mid-50's.

- Mitch



To: 16yearcycle who wrote (42929)3/2/2001 2:53:01 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Eugene, [edited] >The incredible thing will be, if we have really turned, that for the third cycle in a row, amat touched the 200 week, or 50 month ma 3x and then the rally stuck.<

That IS remarkable. Such a simple indicator.
[edit: I note the software makers are not participating in the rally]

Gottfried



To: 16yearcycle who wrote (42929)3/2/2001 2:54:06 PM
From: Proud_Infidel  Respond to of 70976
 
Gene,

Thanks for the chart....AMAT's RSI this time around was nearly as low as '96, yet is valued at roughly 3X(in terms of PSR) what it was then. When the move does finally come, it may once again be violent.

BK