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

To: Henry D who wrote (49969)	7/31/2001 11:09:15 AM
From: Tito L. Nisperos Jr.	Read Replies (2) \| Respond to of 70976

Henry D, it seems we are in the 1996-97 Bull Market again. AMAT then Bottomed at 21.75 during the last few days of July, revisited the Low at 23+ during such time I was down 77% that thru my frustrations --- discovered LEAPs. A revisit of the Lows again at 23 in Sep, then slightly higher Lows in Oct and Nov. Then AMAT Took Off to Top at 108.38 in Aug thru Oct the following year. We saw the current Bottom at 34.13 last Dec, then a revisit at 36+ in Apr, then another revisit at 39+ recently and probably the revisits of the Lows will continue until Oct and Nov this year --- just like in 1996. History doesn't repeat exactly as before but it does repeat in a way that I usually use it as a Guide or RoadMap. During the past 3 months, I've slowly Rolled Over the 2002s into 2003s taking advantage of the Catches to Sell the 2002s and the Drops to Buy the 2003s little by little. I have no need for the 2004s yet because I believe we will be much higher even above the 115 All Time High by Aug to Oct next year. It just takes a Lot of Patience, Henry, to make money big time the AMAT Way. These days are aptly called the Lazy days of summer --- Silicon valley Companies have 1 to 2 Wk Shutdowns, employees on vacation. Even people who order Equipments and the CEOs who Ink the order papers are on vacation. Things will come to Normal again later. Let those people who have No visibility of better things to come sell their AMAT stocks. Many others who know how to make money Big Time are Buying those cheaper shares. And many of them buy Leaps (even selling stocks to buy Leaps --- just like I do).