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


To: Tito L. Nisperos Jr. who wrote (50018)8/1/2001 12:47:50 PM
From: kdavy  Read Replies (1) | Respond to of 70976
 
Holding Amat, Nvls, Mxim and Lltc for long term. I would like to write covered calls but not sure when. PNF shows triple top breakout for lltc and nvls, double top breakout for amat and mxim. The pattern also broke short term resistance line. My gut feeling is that the stocks will test there recent highs ie high fifties. Nvls is almost there.
I guess I will write covered calls when amat goes above 55 ???. Any ideas.

Thanks.

Kdavy



To: Tito L. Nisperos Jr. who wrote (50018)8/1/2001 2:21:46 PM
From: Mark Marcellus  Read Replies (2) | Respond to of 70976
 
Eventually the Followers of the Blind will come to their senses

Or maybe we're watching all the sidelined money market cash get sucked into the Wall Street furnace, where it will be incinerated and deposited on the ash heap of all the other faith based tech investments which have been demolished over the last couple of years.

I read the ML report. They basically said that the semis, telecoms, et. al. would go higher because the bad news is already priced into the stocks. No numbers given to back up this claim. IMO, that's because the claim is almost as indefensible as a Blodget price target.