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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (264)11/4/2001 10:45:42 PM
From: Jerome  Read Replies (2) | Respond to of 25522
 
The Plan for the week...not that anybody asked....or anybody cares....

Be long whatever tech stocks you like Monday by noon Eastern. The two pivotal days are Tuesday and Wednesday. CSCO reports Earnings on Monday and the Fed on Tuesday gives the economy a report card by lowering interest rates...A quarter point move would indicate we are in a recovery mode, while a half point cut would indicate that the economy is sicker than thought.

If euphoria is the result it will be short lived. Sell out or write some CC as close to the strike as possible on any big rally this week.

This week is almost like a poker hand, you have to wait till you see how the others are betting before you raise the ante.

Regards, Jerome