Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.92

-1.1%

Dec 30 3:59 PM EST

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To: advocatedevil who wrote (60958)	2/25/2002 4:41:42 PM
From: Return to Sender	Read Replies (1) of 70976

AD, you are one of the most nimble and capable daytraders I have ever seen. It looks AMAT and the SOX apparently want to remain in this narrowing trading range for a while longer. Up is now the path of least resistance. Personally I believe that we will have a few more sessions with an upward bias. My SOX chart showed a doji on Friday indicating a change of direction could be coming as it did today: stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G The btb numbers were weaker than expected though the economy appears to be recovering. We had no successful terrorist activities during the Olympics. Enronitis and accounting scandals will continue but your TYC long position tells me that you would never short a stock just based on an SEC inquiry We've got a little room to go higher. Personally I would like to see a rise back to 48 for AMAT and 579 for the SOX. At that point I could unwind some of my long positions and go short. Currently I have no AMAT. RtS

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