Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 250.82

+0.4%

12:05 PM EST

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To: Tito L. Nisperos Jr. who wrote (5013)	6/8/1997 6:36:00 PM
From: Paul V.	of 70976

Tito, Teri and Threaders, Just returned from a much needed vacation in Flagstaff, Arizona and have found this thread interesting reading since I returned. Tito, guess I called it when I said that AMAT would go to the low 60's. You are right that AMAT is forming a new upward base. The only concerns that I am having is that the NYSE Bullish % has increased to 66% and the OTC % has increased to 58 %. Remember, the 70 percentile is in the RED Zone (high) deviation. The NYSE Bullish % has only been above 70% 4 times since 1987. The OTC % has only been 68 and over 3 times in the same period. Check my previous postioning on this matter. The point is that approximately 75% of a stock price is the sector and the total market. These are interesting times. Paul

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