Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 3:59 PM EST

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To: Gottfried who wrote (24762)	10/1/1998 8:00:00 PM
From: Big Bucks	Read Replies (1) of 70976

GM, Any comment on TA after yesterday and today? Are we seeing full development of the right shoulder of the head and shoulder formation of the DJIA? If so, then possibly another 10 - 15% downward to go before Feb '98??? Why Feb, because Jan-Feb will be end of year earnings announcements for '98 fiscal year for most DOW stocks which will show significant losses/weakness. If there is a major sell off below 7400 then we might reach a market bottom by early/mid Nov, IMO. taguru.com FWIW, taguru.com BB

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