Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 327.03

+2.5%

Jan 16 3:59 PM EST

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To: Gottfried who wrote (18384)	4/1/1998 7:52:00 PM
From: SMALL FRY	Read Replies (2) of 70976

GM, Re: Makes me wonder what basis BARS is using for their upgrades. My question exactly... the market responded with gusto(irrational exuberance?)... so I sold everything I got @32.5 today @37.5 except for 100 shares for tracking purposes. I'll reenter @39 if it goes up that far... if not I'll wait for a reload @<33. My "guess" is that we'll hit that resistance @38+ and retrace to the same trading pattern 33 - 35+ for a while longer. I'm reprimed and ready to shoot... What's your take? Best, SF PS: I'm not complaining really...if we keep this trading pattern... most of us would be up 20 before AMAT reaches 40. If that's not a compelling argument to trade during uncertain markets....<VBG>

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