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


To: Gottfried who wrote (2535)8/19/2002 12:01:09 PM
From: Proud_Infidel  Respond to of 25522
 
11:27AM Applied Materials Intraday (AMAT) 14.97 +0.27: -- Technical -- Currently testing resistance at 15.00, stock has already cleared its 20-day exponential moving average at 14.78. On a clean break higher, look for subsequent overhead at 15.40 followed by 15.75. To the downside, watch for initial support in the area of 14.78/14.82.



To: Gottfried who wrote (2535)8/19/2002 12:36:39 PM
From: Cary Salsberg  Read Replies (2) | Respond to of 25522
 
It is not "visibility"! I look at the current situation and many current forecasts and I create a scenario for technology, semi-equips, and AMAT moving forward. The scenario is a "ballpark" designed to provide an intermediat/long term frame of reference for the day to day inputs and movements. The best I can say for it, is that I have held it for over 1 1/2 years and I have not had much reason to change it. Also, the general opinion has moved closer to mine over that time as events that support the scenario have transpired.