SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 242.41+5.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud_Infidel who wrote (13651)12/19/1997 7:12:00 PM
From: Paul V.  Read Replies (1) of 70976
 
Brian, Just hang in there--as though there is something else that you can do. If it is any relief, a local broker in my community bought amat at $54 on margin. Even with all his analyst and research it did not save him. From looking at my Dorsey Wright section bull percentage chart since 1995 I see that the Semi sector appears to exceed the 70 percentile, statistically, every 8 to nine months.

If we would use the above cycles as some indication the Jan to/thru April should be very interesting. Again looking at the Semi chart it appears that after a major downturn there is a run upward to approximately to the 58-60%. Based on these figures we will have seen an increase 45% (60%-14.50). The key to the Sector charts are that the market and the sector are generally considered as amounting to approximately 75% of a stocks price.

Since I will be in the 20% capital gains bracket in April I will be watching the sector charts and amat chart so I will not ride the stock down the next time and can sell at the high and buy again at the low with the result giving me additionals shares of amat shares. At least that is my strategy!:)

I will let everyone know what the semi sector and amat chart is indicating.

Naturally, this is my person opined interpretation of the DW Charts, caveat emptor.

Paul V.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News