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

To: Big Bucks who wrote (33759)1/13/2000 10:01:00 PM
From: Guy Gordon  Read Replies (1) | Respond to of 70976
 
RE "any comment on these charts?"

Well, yes. They are too short-term to tell you anything. Try this one:

white-crane.com

You can see that AMAT is trading in a channel. That it hit the top of the channel on 11/17/99 and 12/27/99. I used this information to sell on 12/27/99, and buy back on 1/7/00. (In an IRA, so no tax event.)

Today, AMAT is in the middle of the channel -- neither under- nor over-valued.



To: Big Bucks who wrote (33759)1/14/2000 3:17:00 AM
From: Teresa Lo  Read Replies (2) | Respond to of 70976
 
I think, right now, the most important chart is the daily of AMAT. A test of top. It's already made a minor new high, and there was no follow through. Time to be cautious if you're long already.


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