Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Big Bucks who wrote (47460)	5/31/2001 12:54:29 PM
From: Jacob Snyder	Read Replies (2) of 70976

ST trading: I'm on the sidelines, as I see no clear pattern, no clear trading range. Most of the semi-equips spent most of the time from October 2000, through 4/18/01, in a well-defined trading range, which could be traded (long or short). Since 4/18/01, it looks like they are trying to establish a new higher range, with the old ceiling as a new floor. However, yesterday's lows dipped into the pre-4/18 range. Are we going back to the old range, or will we bounce here and stay in the newer range? The market seems uncertain, so I'll just watch and do nothing for a while.

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