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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST

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To: Proud_Infidel who wrote (22032)7/21/1998 11:59:00 PM
From: Tim J. Flick  Read Replies (1) of 70976
 
BK.... Forces at work today much more than just valuation "catch up". Massive volume taking out huge 32 resistance very impressive considering current in print fundamentals. I would guess that major amat analyst that is currently neutral, has tipped fund crowd to coming upgrade. This is just a guess, with today's strong action in the face of a nasty nasdaq hit. Shorts were pounded in amat today and will try to gain upper hand quickly or it's lookout Alice.
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