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Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

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From: Gottfried3/25/2001 12:08:04 AM
   of 70976
 
A warning from Chip at Stockcharts
24 March 2001
Hello Fellow Chart Watchers!

Don't do it! I can tell you are thinking about it: "Thursday's late recovery and Friday's rally must signal the bottom. Now must be the perfect time to get back into some low priced tech stocks, right?" Wrong!

It always find it funny how the same people who wait patiently for confirmation before selling a stock will often jump back in the market at the first sign of an upturn. They act as if being in cash is more painful than holding losing stocks. Experienced chart watchers know that calling tops and bottoms is next to impossible, but riding confirmed trends can be done very successfully if you have patience. Let's turn an unemotional eye to the current market charts:
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Get this newsletter with the charts here stockcharts.com

Gottfried
PS: StockCharts has some good TA tutorials
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