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Politics : Formerly About Applied Materials

AMAT 228.68

+1.2%

3:59 PM EST

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To: SMALL FRY who wrote (28061)	2/8/1999 10:38:00 AM
From: Paul V.	Read Replies (1) of 70976

SMALL FRY, Now trading 65 pre market! For those who want to feel their wallets. <g> When AMAT hit $65 today it broke a DW triple top of $64. The statistical probability of the triple top is, Profitability 87.9% with an average gain of 28.7% over 6 months. With this new top plus that AMAT just had a DW shakeout pattern to $57 we have a very positive condition. Gottfried, it will be interesting to see how high this upward column movement of "X" boxes off the $57 shakeout will end so we can get a DW projection during this next run up. Tito, what is your analysis? IMO, we must remind our self that during the third year of the Presidential Cycle that the S&P Media gain is 23.4 from 1926-1997 and $16.7% for the fourth year of the cycle. Just my opinions. Paul

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