AMAT earnings & wall street/mm game playing !!!

AMAT earning from all count was AHEAD of wall street consensus.

AMAT GUIDANCE is also AHEAD of wall street consensus.

So where is the problem.......................

Goldman without knowing about earnings & guidance...decided to DOWNGRADE AMAT before OPEN yesterday...............why........stated reason....AMAT has moved UP 6% in the previous two sessions............. to $20 .49...............so AMAT DESERVED a DOWNGRADE.......

So if AMAT trades @ $19.26.......then all the LOGIC/RATIONALE of GOLDMAN'S downgrade is GONE...........$19.26 is 6% less than $20.49...............

I am really IMPRESSED with the QUALITY & INTEGRITY of research being done by Goldman & Wall Street................

To further make everybody's day..........Fast money GENIUS.............are calling for Nasdaq & S&P to fall off the CLIFF today.............Eric Bolling is LOADED with PUTS on both..............

I say not SO FAST Mr Bolling...you will be proven wrong AGAIN...even TODAY.

I am writing this @ 7.52 AM est..............and predicting a POSITIVE day for Nasdaq..........

I am keeping AMAT also.................as their SOLAR business is BOOMING...their expectation for this segment was $200 million for FY ending 10/07...........they are already @ $300 million and forecasting $400 million by 10/07...................Goldman & other DOOMSTERS should take a note of this.

Please do your OWN due diligence.

BLOG does not give buy or sell.

Good luck on your DIVERSIFIED trading.

Saleem