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


To: Tito L. Nisperos Jr. who wrote (36865)9/27/2000 12:26:48 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Some Revelations from my Spy: ---

As I write this, AMAT at 64 5/16 broke the Low of 64 3/4 set last Aug. I like AMAT to stop its slide from here, but if the stock should continue to go down to 46 ( -60% from 115) then we could have another Super Buy like in 1996 and 1998.

My Spy told me yesterday that he accidentally found the reason why AMAT is reluctant to go below the 63 favorite price of AMAT Traders. He said 63, which is only -45% below 115 is equivalent to -60% in 1996 and 1998. He accidentally found an indicator (while investigating on my 63 --- looking on AMAT prices since 1991) to predict the Lows AMAT Traders are comfortable with.

I believe my Spy since he accurately predicted the 120 to 130 highest price for AMAT last year and accurately warned me in Feb of an impending Landing. So I bought yesterday at 65+.

My Spy did say that he might be wrong this time, that Bad news like INTC's recently might occur --- so I ask the Thread not to rely too much on my Spy's prediction.

Good Luck to All!