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Politics : Formerly About Applied Materials

AMAT 256.50

-1.8%

2:03 PM EST

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To: Big Bucks who wrote (14014)	1/1/1998 1:29:00 AM
From: Gottfried	Read Replies (2) of 70976

BB, I assume you looked at Kevin's daily chart... chart2.bigcharts.com:80/chart?time=7&freq=1&uf=32&lf=268435456&type=1&style=3&size=3&maval=10&state=0&compidx=aaaaa&symb=amat&ma=3&comp=&trans=0&r=chart&sid=614&sec=c&xyz=54139937&s=11928 I sort of see what you describe. But why must the peak/valley pattern repeat? Some TA guys would draw a straight line touching the last two peaks. AMAT is about to break through that line in an upward direction. I'm out of my TA depth here, but I think a breakout like that is considered bullish by some. Maybe Kevin can tell us why he uses 10 and 20 day MAs and what their crossings mean to him. I also wonder what volume-by-price can be used for? The largest v-b-p was at 34. Would that make it resistance? (because all buyers at 34 then break even). When you saw Elvis at Taco Bell - was he a cashier? <G> GM

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