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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (2104)	8/6/2002 1:29:01 AM
From: Gottfried	Read Replies (1) \| Respond to of 25522

Paul, think outside the box: bp is determined by % of stocks on a PnF BUY signal. Stocks have been knocked down to very low levels this time around. It is possible that some are on a BUY signal even though their price has reverted to Os and is very low. To get a lower bp you're saying price of that one stock has to go lower still so it no longer has a buy signal. I'm saying with very low stock prices a slightly higher bp than in previous years may suffice for a bp bottom. Gottfried