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


To: advocatedevil who wrote (57478)12/14/2001 10:46:05 AM
From: Paul V.  Read Replies (2) | Respond to of 70976
 
Advocate Devil, The AMAT DW support line is at $41 with AMAT now at $41. AMAT since its lows in September has been going to $1 above the support line and then reversing up. If that is true in this case AMAT will not hit $40 but may hit a fraction of $40. However, in past cycles AMAT does have a shake out movement which takes it approximately for $4-5 below the bull support line and then reverses up sharply. The question I have is trying to time yo yo affect that Tito speaks.

Paul