Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: michael97123 who wrote (65772)	9/11/2002 4:49:45 PM
From: Zeev Hed	of 70976

The charts pointed to atop just under 1350 as well as other indicators. Originally, I had the move going possibly to 1388, overshooting by a little the local bottoms from late June early July, in the last few days, non chart indicators pointed to the rally's fuel dissipating, and after less than an hour trading this morning it became clear that we are putting a top in, the extreme were so high that I chose the bottom of that late June early July reaction lows, thus the call just after 12:00 PM for a top (at 1347), you'll find that area as a very rational lateral pivot point. Zeev

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