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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 230.31+0.7%1:50 PM EST

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To: Woody_Nickels who wrote (25238)2/20/2013 2:17:49 PM
From: robert b furman   of 25522
 
Maybe quicker.

What I considered a generational run Started in October 1998 and peaked around March/april 2000.

Although it was a mighty distribution it all occurred with in 18 months and then it blew up and hasn't been the same since. sigh

Bob

I viewed that as a fifth wave final wave runup - Most I trust and believe think we are finishing up a wave 3.

So one big wave down or if this market is really strong a rare running flat and then a final 5 up which can either extend or truncate.

Then a mild down wave and possibly a new high B wave and look out down below.

That would take us into 2014 possibly.Corrective C wave down would take some time to resolve as it would be a 5 waver in either case.
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