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Politics : Formerly About Applied Materials
AMAT 258.57-0.5%12:15 PM EST

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To: Jacob Snyder who wrote (53675)10/3/2001 1:48:34 PM
From: Gottfried  Read Replies (2) of 70976
 
Jacob, Eugene first mentioned the 200 week ma. Here is a monthly with 50 month ma [roughly equivalent to 200 weeks] stockcharts.com[w,a]maclyymy[d19920101,20011004][pb50][vc60][iUb14!La12,26,9!Lf!Lc20!Ld20]

In past cycles price just touched that ma, this time it penetrated deeply. Part of the reason is the ma went higher because of bubble prices.

Gottfried
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