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


To: Jacob Snyder who wrote (20484)6/17/1998 10:33:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 70976
 
Sorry, Jacob, i was just screwing with you. Thought I'd try out the all out bear argument, it was much easier to do and took much less brain power. Plus, I am pretty pissed that amat is heading back up, although I made a small fortune yesterday...about 9 months pay.

The book to bill was down 9 months in a row, but everyone wanted more.

Asia is collapsing, korea is ordering NOTHING, but everyone wants more.

Intc, the semi leader, sells below its January 1997 price. Klac is at its 1994 price. Amat is below its 1995 high. But we look for a bigger drop.

This may be the sustained up move. I have said a million times you can't wait until the sky clears, you have to buy at reasonable prices, and be ready to sell the farm and buy at the bottom.