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Politics : Formerly About Applied Materials
AMAT 235.13+2.2%3:59 PM EST

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To: Paul V. who wrote (26044)11/7/1998 1:14:00 PM
From: Tito L. Nisperos Jr.  Read Replies (3) of 70976
 
Paul V,

My recent YoYo prediction for AMAT to dip to 31.15 and then to at least test 37 3/8 is close to reality when the stock did dipped to 31.125 and then reached 37 1/4 yesterday; ... that of the DOW testing 9300 may not be too Funny anymore considering the Index is nearing 9000. (one Guy here thinks the DOW testing 9300 is the funniest idea when he asked me what I have been smoking. Well, I quit smoking some 14 years ago but do smoke the cigarrete of my cousin whenever I see him; he is the one who taught me how to smoke when we were teen-agers and now he's paying for it)...

The Upward/downward movement of AMAT depends on the Upward/downward movement of the DOW from here on. On Monday, if the DOW chooses to backtrack a little before clearing 9000, then we could expect AMAT to Dip to 33.15 in a few days (assuming 37 1/4 or 37 3/8 is the Hi for now)... If the DOW go ahead and test 9300 and so on. then we could expect AMAT to go near 40, and so on... There is so much positive going on in the Market that we don't know when this current Upward movement will last or take a Pause ...All I can add is that my Yoyo Plays (or YoYo effect, as you term it) have surprisingly good results (to me at least) to guide me, as in a script, in my Week-Trading activities...

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