Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 228.68

+1.2%

Nov 17 3:59 PM EST

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To: Dennis who wrote (18226)	3/26/1998 11:56:00 PM
From: Paul V.	Read Replies (1) of 70976

Dennis, >Anyone, if amat goes to 38 is this a triple top?? I remember someone talking about this, is this good or bad?? Not much into TA. And I don't post here often, so thanks in advance.< Yes, $38 is a triple top. However, breaking the triple top at $39 is the real positive. Statistically, according to DW book, page 30, the profitability of a triple top is 87.9%, with an average gain of 28.7% taking 6.8 months. Please refer back to my previous post today for other P&F Charting data. Regards, Paul V.

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