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


To: michael97123 who wrote (56057)11/21/2001 9:24:09 AM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
Good morning Mike. Geez, I have no idea how today is going to pan out, but for the sake of conversation, I'm willing to take a stab at it: Some possible positives: Jobless claims, pre-holiday historical up day, dip-buying. Some possible negatives: Continuation of profit taking, shorts selling into the potential reversal, MSFT downgrade, DELL Q4 guidance, TQNT and ADI news, futures down slightly pre-market. So, my guess is we trade lower today.

FWIW, I will of course be watching Applied and the indices closely as I plan to continue trading today. I wouldn't be surprised to see AMAT move up a little after the open, then trade back down. If that were to happen, I will probably try to make that play (assuming of course that it feels right at the time).

There's no doubt that today's action will be totally different, but what the heck, it's just another WAG.

AdvocateDevil