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Technology Stocks : Ring the Bell - When to sell semiconductors?

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To: robert b furman who wrote (5)1/24/2004 11:01:18 AM
From: Proud_Infidel  Read Replies (2) of 34
 
One thing I forgot to add. I have been following AMAT for several cycles now, and it is hard to say sell here or even near here(as many people are right now), when every cycle's nadir has been approximately two times the previous nadir. That would put the next cycle low at around $20.

I am not much into TA or following historical trends, but this fact is so compelling because it is one of the few things I have ever seen that seems to occur on a consistent(100% of the time) basis. And this has not been a sector wide phenomenon as far as I can tell, but is isolated for the most part to AMAT, probably because every cycle it seems to get stronger.

Any thought on this?

Brian
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