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Politics : Formerly About Applied Materials
AMAT 289.91-9.0%2:11 PM EST

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To: Joe S Pack who wrote (9246)10/23/1997 11:35:00 PM
From: Paul V.   of 70976
 
Threaders, Just received the DW daily report. Quote>"....Sectors also started to rotate with the Chemicals going to Bear Alert, as did Steel and Iron, Transportation Non Air reversed from above 70% but id not hit the critical 68%. Textiles and Apparel reversed to Bull Correction, and Household Goods reversed to the same risk level.

Semiconductors are now at 44% and appear to be our first true opportunity in some time if they can just get whacked further to the 30% level."<

The Bull Support line is at $34. If it breaks though $34 then we do not know how far down it will go.

Big Buck, It looks like we will meet your $35 buy point.

Paul V.
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