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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%3:59 PM EST

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To: William Griffin who wrote (29897)5/3/1999 4:41:00 PM
From: MikeGolden  Read Replies (1) of 70976
 
I've been a lurker for some time who just became a member and started using TA recently.

Based on the Directional Movement indicator this stock has already started an up turn and should be higher than the 55 1/4 close today.

Anyone else use this indicator? Based on the historical charts it's very accurate for most volatile and high volume stocks. I've been trading on this indicator for the last week or so and was able to sell AMAT @ 60, short from 56 1/2 down to 51 5/8, and then buy back long at about 53 1/2.
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