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Politics : Formerly About Applied Materials

AMAT 242.41

+5.0%

3:59 PM EST

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To: Proud_Infidel who wrote (21092)	7/4/1998 4:15:00 PM
From: Gottfried	Read Replies (1) of 70976

Brian, thank you, thank you! You caused me to look up the definition of RSI... Definition: Relative Strength Index(RSI) is an overbought/oversold oscillator which measures a stock's price relative to itself.The value of RSI is between 0 and 100; Interpretation: Conventionally, buy signals are triggered when RSI is in oversold (20-30) area, and sell signals are triggered when RSI is in overbought (70-80) area. RSI works better in a non-trending market than in a market with a clear and established trend. 207.95.154.130 180 week chart of AMAT 207.95.154.130 So, now is approximately a good (maybe not the best) time to buy, according to RSI. Of course, RSI doesn't know anything about the future and whether the stock will be dead money for a long time. Later, Gottfried

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