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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: Paul V. who wrote (25667)	10/23/1998 2:09:00 PM
From: Tito L. Nisperos Jr.	Read Replies (2) of 70976

Paul V, "...Then, if I recall correctly, Tito, has stated that when AMAT hits $70 it has the tendency to run up to $100. I am happy with AMAT performance todate but expect a pull back. But, I expected the pull back at $32, the bull resistance line..." AMAT has to reach the Magic Number of only 63 (not 70) to use as a base to anchor the Up Stairway to 100. This will take place after James Morgan tells us something like this --- "...one more losing quarter and that's it!..." This AMAT's run-up is far from over, according to my YoYo indicator. Wait till the Dow reverses Up from its mini consolidation --- to test the 9300 level. Should AMAT reverses downward on Monday (lower Hi and lower Lo from the previous trading day) we would expect a Dip to 31.15 (10 -- 11 percent decline from the Hi of 35, assuming the Hi for today is 34 63/64); should AMAT reaches 36, the decline would be to 32 as you are expecting... Anyway, AMAT should at least test 37 3/8, the last Run-Up High, in a few days --- to complete this YoYo Play that began 3 days ago...

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