Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: michael97123 who wrote (47276)	5/25/2001 10:35:37 AM
From: advocatedevil	Read Replies (3) \| Respond to of 70976

Mike, Applied has been able to consistently shrug off continuing weakness for 8 months now. As the clock ticks, odds increase that positive signs in the sector will begin to emerge. If it doesn't happen next month, it appears investors are willing to wait. If it doesn't happen the following month, they'll still wait. Every month that passes will simply mean we're getting closer and folks may become even more intent on holding (or even adding to their positions) . Perhaps the next decisive period will come when we begin to get reports on PC sales for the back-to-school and pre-holiday time frame. If it looks like a weak end-of-year, then AMAT may finally see some selling. In the mean time, I suspect that we'll range mostly sideways for awhile. FWIW, I may soon begin swing trading in both directions. AdvocateDevil