Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael97123 who wrote (57100)	12/7/2001 11:55:17 AM
From: kdavy	Respond to of 70976

Mike, I think the market needs a breather for now. Looking at amat during 1996 bottom and 1998 bottom, the price more than doubled by the end of December. I have a gut feeling that we will be about 50 amat by late dec/ early Jan. To reach there we need to follow the yo-yo analogy. My guess for next week is 42-49 range. On any pull back more then 3 points I will start buying my favorite stocks for trading. Not yet though. I am a chicken when It comes to shorting stocks. I am sure we will see 42-43 shortly and then start climbing again. Of course major news can set everything of course. The market is not going to go down. Volatile? Yes, but trend will be upward. No supporting documents, just my gut feeling which has served me well. kdavy