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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST
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To: Trader X who wrote (13978)12/31/1997 4:40:00 PM
From: Big Bucks  Read Replies (2) of 70976
 
Kevin,

Another interesting observation, is seems that after the
10day and 20day MA's crossed the stock went up about 10% or
so for a few days before profit taking dropped the price again.
Do you agree?? Might mean the short term top will be 32-33 and
then possibly a drop of $5-7 from the high back to $26-27.
How do you interpret this, possibly the last correction before
earnings??

BB
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