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


To: Jeffrey D who wrote (29050)3/11/1999 8:35:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 70976
 
Actually it does not matter what either of them says; what matters is what the market chooses to focus on. If the market drops and takes NSM's word over MSFT, then we know that the psychology has come around big time. Otherwise, there is room to the up side. The most disturbing thing I saw today was that MU gapped up on pre-announcing good news and closed down for the day. And that in a market that was supposedly up. A lot of other stocks also closed sharply lower than their highs (NVLS for one). I am not trying to be perpetual bear; I'm just trying to make sense of the market. If I were to buy stocks tomorrow it would be BKS, IM, and NOVL. I really liked their action today.

ST