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


To: Ian@SI who wrote (45953)4/27/2001 1:46:39 PM
From: advocatedevil  Read Replies (3) | Respond to of 70976
 
Ian, I can't argue with many of the TA indicators that suggest a bullish scenario. The bottom-line question that sticks in the back of my mind is: How much higher can the semi-equips reasonably move up in the face of the current sector outlook? I just have to believe that given the widespread uncertainty in the sector, coupled with today's valuations, the upside is limited and the greater risk (over the short-term) is to the downside. With a current stop-loss of $59 (the recent 4/20 high) I hope to be able to ride out the ups and downs over the very short-term and catch a minimal 5-10% win.

AdvocateDevil