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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (32869)	10/19/1999 10:23:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

Brian, What is amat leading us toward for e this quarter, and have they projected ahead much? I know they haven't been great the past 3 years at guessing the outlook, but I'd at least like to know what they have said anyway. In looking at a chart this am, this is the 3rd major break below the 50 day ema this year, and if the patterns holds, it looks like we'd stabilize between 68-72. Amat was in the high 60's in late January or ealy February, so imo, although it had gotten ahead of itself from last fall to this spring, it has been building a good fundamental foundation since. I am going to buy a little at 72-74, and add as it goes lower. I just added a small amount at 75.125. Someone reminded me that I might want to have more prior to the next run past new highs which also will bring on split speculation.