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Politics : Formerly About Applied Materials
AMAT 256.41+1.1%Dec 19 9:30 AM EST

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To: Gottfried who wrote (59749)1/30/2002 8:29:38 PM
From: hdrjr  Read Replies (1) of 70976
 
Gottfried,

Your chart displays that in the last two cycles there was a clear v-bottom with one month low and then off to the races, the first low above the current bottom and the second with a four month average above the current nine month sustained bottom. Drawing any conclusions from that chart regarding the latest single month, potential blip, up trend, that is barely noticeable, is reaching for a conclusion in my book. I guess one sees what one wants to see.

Sorry for the intrusion,

Long term Long on AMAT, just not enthusiastic

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