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

To: Return to Sender who wrote (2411)	8/14/2002 10:36:31 PM
From: Gottfried	Read Replies (1) \| Respond to of 25522

RtS, other posters often quote their upside and downside Nasdaq targets as if they were quite certain. I simply don't know. It is almost gospel on bearish threads that after a temporary Nasdaq high [1500 to 1700] another lower low will happen. I don't know what they base this on, maybe Elliott waves [now there is voodoo]. I suppose you could take the last two Nasdaq rallies and postulate the next one will be similar. I'd like to be able to sell the next rally near the top and wait for the bottom before buying back. Trouble is, every time I think I have this game figured out, someone changes the rules. Gottfried look at the weekly stockcharts.com[w,a]waclyiay[df][pb30!d20,2!f][vc60][iut!Ub14!Lp14,3,3!Lf!Lk14]&pref=G