SI
SI
discoversearch

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: Gottfried who wrote (64565)6/24/2002 2:33:47 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
G,
Zeev thinks this is bad as does Art Cashin the cnbc crusty floor broker of choice. I hope they are both wrong. One thing about this market is that the current holders of stocks are so stupid that we continue to hold. We are the ones who are too stupid to capitulate. Its just not in our vocabulary.
Capitulation actually happened on 9/11 so perhaps we just had a successful test of september lows. I doubt it as does CW but perhaps this is a slightly different situation. And pehaps after 5 weeks down, the shorts may feel they have won and will pull their chips off the table. Perhaps they will be smarter than the bulls. Perhaps they will capitulate at the top(for them). mike



To: Gottfried who wrote (64565)6/24/2002 2:34:19 PM
From: michael97123  Respond to of 70976
 
DOW up 114, nasdq 35

This thread is better than prozac when we are freewheeling as we have been over the past few days. No need for amat only, politics only---just the amat crew talking about anything and everything.