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

To: Return to Sender who wrote (58532)	1/8/2002 1:20:27 PM
From: stox19	Read Replies (1) \| Respond to of 70976

RTS, look at this 5 day chart and tell me if you don't see a little consolidation goig on before another leg up. quote.yahoo.com^SOXX&d=c&k=c4&t=5d

To: Return to Sender who wrote (58532)	1/8/2002 10:36:36 PM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Return To Sender, My DW charts show that we has not had a reversal down from it present highs. Dorsey Wright considers a three box movement either up or down as just noise. AMAT would have to break its support line at $41 to have a breakdown. It's high today was $46.370. With what I am seeing in the IBD's AMAT has a overall ranking of A (93), ESP of 31, Relative Strength of 68, Relative Strength Industrial Group Rank of B (42), Sales + Profits Margin + ROE ranking of B, and Accumulation/Distribution ranking of B. The above rankings during this cycle are the strongest they have been. Additionally, today, AMAT has returned to its highest price during this cycle at $46. This data appears, IMO, toindicated continued movement, especially, with the Fed's low interest rates and increased liquidity. Just my opinions.