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Politics : Formerly About Applied Materials
AMAT 242.41+5.0%Nov 25 3:59 PM EST

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To: Gottfried who wrote (14907)1/21/1998 6:16:00 PM
From: Trader X  Read Replies (2) of 70976
 
speaking of charts,

I think AMAT is showing signs of reversing trend.

quote.yahoo.com

Altho I said in December that I thought AMAT would see $22, I think that estimate has turned out wrong. The price held up nicely during the last fall below $30 and managed to make a higher low than before.

I don't think we'll get past $34 this time around, but after another test of support near $27-28 it should take off.

Of course, I've been wrong before. <g>

-Kevin
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