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


To: Gottfried who wrote (64172)6/3/2002 5:16:30 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Gottfried, obviously this Habit of AMAT you mentioned —- of AMAT's rise in price reflecting the rise of SEMI Bookings — is not being followed this time.

But the AMAT Habit I was talking about is something like this: —- from the Oct low or summer/fall low, AMAT reaches the Landing Top (intermediate top) in Feb, Mar, Apr or May then takes a Pause (be in a trading range of about 25 to 30%) then resumes the Bull Market beginning on the second part of Jun until Oct or later. ... Now, if this Habit of AMAT I mentioned will not be followed this time, then I see AMAT not stopping the slide at –30% but entering another Bear Market continuing the decline to –40, -50, -60, -70% just like it did from Apr 2000 to Oct of last year.