Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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To: Math Junkie who started this subject	6/4/2002 9:24:14 AM
From: Jerome	Read Replies (1) of 25522

Recent unusual trends indicate more downside to come. There were three events that would have sparked a rally in normal times. 1) Strong btb. 2) pre holiday rally (Memorial day) 3) end of month and start of new month rally. All three events re-ignited a new downward trend for the Nasdaq stocks. AMAT appears to be headed for under 20. Its going to be a long painful summer. The good overall economic news is just being ignored. JMO....Jerome

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