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

To: advocatedevil who wrote (61437)	3/5/2002 9:52:12 AM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

ST - Trading FWIW, I'm back in again with a large short play here pieced together and averaged at $50.27 (5,000 shares) AdvocateDevil

To: advocatedevil who wrote (61437)	3/5/2002 9:59:06 AM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Gottfried, Jacob, advocatedevil, and threaders, The DW bull support line is at $43 rather than the $45 I stated last night. In past price movement on amat it has most frequently pulled back to the bull support line. Therefore, we could have a pullback from the $50+ range to $43 before moving back up following Tito's YOYO effect. Since 9/11 the greatest DW gain on each YOYO has been 8 DW boxes, $8 and the greates pullback off the top was 9 DW boxes, $9. Therefore a pull back to $43 would be 7 boxes, $7. Just my observations of DW point and figure charts and my opinions. Paul