Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 250.17

+3.2%

2:19 PM EST

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To: Paul V. who wrote (25796)	10/28/1998 1:48:00 AM
From: Suresh	Read Replies (2) of 70976

Paul, most of the buying has been from people who thought that they would be missing the train if they don't buy it right now..... the same people who purchased in the recent rally will leave it in a flash when they find out how far away the industry is from recovery. AMAT is not in strong hands. I am curious to know.. how P&F performs in a prolonged bear market. So, does the current P&F read support buying now or on a pull back to 29? If some one buys it now do they have to have a stop loss at 24 ? Regards, Suresh

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