Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 341.36

+1.3%

3:59 PM EST

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To: Gottfried who wrote (44535)	3/25/2001 10:14:03 PM
From: 16yearcycle	Read Replies (2) of 70976

stockcharts.com[w,a]waclyymy[pb30!b200][vc60][iUb14!La12,26,9] The GM/EK indicator continues to point out that time is running out for the bears. Amat is unlikely to break under the lower line for long, nor is it likely to break out well beyond the upper line until fundamentals stabilize, but that should be within 2 months. HOWEVER, FRIDAY WAS THE FIRST CLOSE ABOVE THE 30 WEEK SINCE JULY 2000.(someone asked me to announce this when it happened. i don't think it will stick, but it has occurred nonetheless. Now we look for a break up on huge volume.

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