Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Jerome who wrote (41954)	2/9/2001 4:58:48 PM
From: Sam Citron	of 70976

Jerome, Thank you for a quite accurate prognostication of AMAT's short term prospects. It did rally until noon, and then sold off, though not to the $40 level. I do not expect this level to be be tested until the aftermarket Tuesday or Wednesday morning, when we may very well even test December's lows. I believe we will either successfully test this level and create a double-bottom or breach it on a nasty downward spike to create an eventual head-and-shoulders bottom. That is where I would like to back up the truck. Sam

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