SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (44387)3/23/2001 10:36:58 AM
From: mitch-c  Read Replies (1) | Respond to of 70976
 
ST Trading

I agree..... any furious buying on the open would have to be a short opportunity.... there is NO visibility according to AMAT's CEO..... B2B confirmed.... don't know what those futures guys are smoking.....

Agreed. I set up some one-day limit orders last night that executed at the peak of the frenzy. Sold covered ANQDJ's and bought a handful of ANQPW's. AMAT topped out just shy of another order set for 52 1/2.

No telling where we go from here, but I'm figuring on at least another mood change before Apr 20. Possibilities:

1) Relieved euphoria is so strong we get no intermeeting Fed cut (as currently being jawboned)

2) Tax payment selling

3) More bad news received badly

4) Tax cut legislation stalls in Senate

5) ... who knows? At least Mir didn't punch a smoking crater through Midway. <g>

- Mitch