Formerly About Applied Materials Message Board

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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: Trader X who wrote (14925)	1/21/1998 7:18:00 PM
From: Big Bucks	Read Replies (1) of 70976

KH, If my personal method of TA analysis follows the recent history of AMAT trading the stock is in its' 5th day of an 8-9 day uptrend. The volume is picking up as we approach q1 earnings report on Feb 11, which indicates the funds are starting to buy in and are favorable in their opinion of AMAT. The high today was $33, IMO if the stock closes above $33 this week then I anticipate we will see $36-39 by earnings, unless there is some warning by AMAT or some unexpected bad Asian news to compromise the "trend". FWIW, I love this chart you posted previously, it provides very good predictability, IMO. chart2.bigcharts.com Regards and good Investing! BB

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