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


To: advocatedevil who wrote (55191)11/7/2001 6:59:51 PM
From: Tito L. Nisperos Jr.  Respond to of 70976
 
OT
AD, RE "Survey: Americans to Spend Less on Gifts"

This Survey was taken Oct 26-28. By the time Christmas season and shopping begins on Thanksgiving Day, most stocks would be up and thus the IRAs and 401Ks as well as other Brokerage accounts and Funds of people whether they just got laid off or not will be higher. When people see and feel they are richer than in Oct or Sep then they have some money to spend for Christmas. That's how I see things going forward.

I may be wrong and you who is betting that the stock market and the economy are not going to improve yet may be proven right.

Anyway, let's see how it turns out. Of course, just one terrorist attack on just 1 mall during Christmas season will discourage many people to go shopping and thus the Survey you mentioned might come true easily.



To: advocatedevil who wrote (55191)11/8/2001 9:36:20 AM
From: kdavy  Read Replies (1) | Respond to of 70976
 
ST trading: shorted 1000 mxim @54.15 and 1000 amat @ 40, will take 2-3 point profit.
kdavy



To: advocatedevil who wrote (55191)11/8/2001 10:57:04 AM
From: Jacob Snyder  Read Replies (3) | Respond to of 70976
 
ST trading:

I hope you're not still holding your short. Now that we've crossed 40, 50 is possible. Everything I'm watching, resistance lines are being easily crossed.

I have a teeny bit more tax-loss selling in EMC stock to do (selling the stock I bought in the 20s, holding the 2004 LEAPs I bought with the stock at 16 to 10). My housing stock is just below all-time highs, at the top end of it's LT historical PE range, and in LT cap gains territory, so I am still selling that. Everything else I'm holding, and have no plans to sell. Nothing, nothing at all, is anywhere near my buy-points.

Resistance is Futile!

The Bubble is back!