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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (14381)	4/15/2005 11:23:05 AM
From: Return to Sender	Respond to of 25522

>Kapur was on CNBC yesterday. He's not a screaming bull. On his "fear-love sentiment index" he said we are still in the middle of the range. Note how much money you would have made yesterday if you were short the sector at the bottom of his list, materials.< Sam, at the last real bottom on this list of industries and sectors from Barcharts.com there were only a few still green: www2.barchart.com The market is going to have to pick itself up by Monday or the whole two year uptrend is over. That's not a bad thing if we still have cash to either short the rallies or at least buy long when we hit a real bottom. Everything I have touched lately on the long side is of course in the red. Sentiment is indeed still too bullish for a true long term bottom. RtS