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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST

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To: 16yearcycle who wrote (44803)3/30/2001 11:15:52 AM
From: Shoibal Datta  Read Replies (2) of 70976
 
Look at that same chart from 2001 to present. But go out just 10 weeks more from 50 to 60 weeks. AMAT is no longer down the same as the Nasdaq. Instead, it is down 40-45%, the NAS is closer to 60%.

siliconinvestor.com

I am talking of the relative trend between Dec 2000 and now. Charts can be just as deceiving :-)

-SD

P.S. Go out further and the correlation between the breakdown in the NAS and AMAT is not true any more.
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