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


To: advocatedevil who wrote (56329)11/27/2001 10:28:17 AM
From: daryll40  Read Replies (1) | Respond to of 70976
 
Wow! I actually made the same move as AD BEFORE he announced doing so! Now if I could just make a PROFIT like AD! Or just a profitable trade!



To: advocatedevil who wrote (56329)11/27/2001 10:36:11 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
My NY exchange buddy said alot of institutional sellers as we get close to 10k with plenty of buyer to absorb stock. Although bearish, he thinks that 10k will be pierced and once thru there we could get a 500 point run.
I translate a 500 point dow run into nasdaq 2100 and amat 45.
Friend also says that at dow 11k(50-50 being there in january) many folks will short the market. He thinks that will be the top of the bear market rally. I think that at dow 11k, naz could approach 2300(top of old trading range, 2100-2300) and amat could be at 50. mike