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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (6702)	8/11/2002 1:01:43 PM
From: Jorj X Mckie	Respond to of 33421

That actually corresponds pretty well to my views. Bush's cautious comments this weekend appear to be a way of preparing us for upcoming news.

To: Stoctrash who wrote (6702)	8/13/2002 11:06:03 PM
From: John Pitera	Respond to of 33421

This rally off of the July 24th full moon low is looking currently looking like an A-B-C upward correction. We'll need to see some more constructive action pretty soon or it looks like we're gonna dance in the darkness once again. ---------- 4:39PM Applied Materials more cautious (AMAT) 13.46 -0.12: -- Update -- On conference call, company sounds a more cautious note - says customers have taken a more conservative stance in the three weeks since Semicon West due to uncertainties about the global economy and weakness in end user demand. Stock at 13.39 after hours.