Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: Jazz102 who wrote (25654)	10/23/1998 10:12:00 AM
From: Dr. Bob	Read Replies (1) of 70976

Re "Does this now mean they want to unload and its time to sell?" Not necessarily; usually momentum will carry these a little higher before they roll over when reality hits again - but it at least means that with this morning's gains, the easy money has been made. No one getting in at this point is going to see the 50 - 100% gains of the past 2 weeks in anything less than 6 months, IMO - not that that's too shabby, but there will probably be some grief in between there, too. Bob

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