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

To: Sam Citron who wrote (58900)1/16/2002 11:03:45 AM
From: Paul V.  Respond to of 70976
 
Sam, Dorsey Wright's (DW) support line for AMAT is at $41. Many times AMAT bounces off the support line. However, I have seen a shakeout take place whether the stock drops $10 only to bounce to Tito's YO YO effect.

Paul



To: Sam Citron who wrote (58900)1/16/2002 11:31:23 AM
From: willcousa  Read Replies (1) | Respond to of 70976
 
You have pointed out the reason I like to look at the max pain chart and figue a range rather than a single point on the chart. The slope of the two curves combined, V or U, makes a big difference in the range.


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