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


To: Paul V. who wrote (59073)1/18/2002 11:32:00 AM
From: Gottfried  Respond to of 70976
 
Paul, ever the optimist, I think there won't be a further breakdown for AMAT.

G.



To: Paul V. who wrote (59073)1/18/2002 12:05:11 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Paul V,
Nothing to be alarmed about. Like I've been saying in the past: --- A Snake and a Drunk move Sideways but AMAT moves YoYo Ways. Imagine the AMAT Kid playing the YoYo as he steps 2 up then steps 1 down then repeat the Motif to form a Pattern --- on the ascending StairCase.

A DROP of only 10% indicates a faster paced ascent. The current DROP is about 17% which up to 20% indicates a slower pace, a 25% DROP spells trouble and we may stay in a Landing mode for several months. We Have had 10, 12, 11, 5% DROPS recently and only now that we are experiencing again a DROP of 17% which is worse than those recently.

We are still in a Bull Market --- but we have to YoYo ourselves Up. In AMAT, we don't ride on Elevators.