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

To: Math Junkie who wrote (45552)4/18/2001 6:18:17 PM
From: mitch-c  Respond to of 70976
 
Again, agreed - no argument there. Hey, folks - I'm *not* a bear. I tend to be way overoptimistic, and I'm trying a few low $, high risk moves to compensate. So far this year, I've totaled a little under 40% ROI doing this. (My brother asked me to run the numbers, so I did.)

The current seesaw volatility will NOT last forever. Neither will the lack of visibility. To use a sailing analogy, we're "in irons" - bow on to a shifting wind. Two things can get us underway again - intervention from the crew, or a favorable wind shift. Right now, I think the wind shifted briefly - but it can shift back, too.

- Mitch



To: Math Junkie who wrote (45552)4/18/2001 6:26:48 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Ralph Bloch, noted technician at Raymond James just said on cnbc that this is the beginning of a long term bull. The bottom is in. Market will continue up with surprisingly small setbacks he says.
Beware nice bears on this thread. This rally may be the real thing. No official recession this time on AG watch. It had to be Cisco numbers and all the layoffs that spooked him big time.


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