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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

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To: akidron who wrote (18836)4/17/1998 12:34:00 AM
From: Paul V.  Read Replies (1) of 70976
 
akidron>we will see 30 again this year...<

Great! If you are right then I will have additional opportunity to buy more AMAT! If you are wrong then you may miss the rally if you are setting on the side. Only time will tell.

The TA charts (supply vrs demand) will show us in the charts. Right now, with AMAT having reached $37, the bull support line is at $36. Hitting $35 will have broken the bull support line. It will have to hit $33 to break a $34 double bottom. I do not expect AMAT to hit $30 based on the way it has continually bounced off the Bull Support Lines since its low of $26 the last of December.

Just my opinion.

Paul V.
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