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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 (14889)5/10/2005 12:41:42 PM
From: Proud_Infidel  Respond to of 25522
 
Re: There have been successive higher lows

I am quite sure that in this environment, if the numbers I showed you were reversed, we would hear the constant droning of "experts" using that TA to say we are headed down, down, down.

Re: But is it really an uptrend if there are not also higher highs within it?

The answer is no. It simply shows that AMAT has support along the lower trendline where buying the stock is possibly as low risk as you can get for timing an investment in AMAT


Thanks RTS.

Brian



To: Return to Sender who wrote (14889)5/10/2005 1:17:57 PM
From: Big Bucks  Respond to of 25522
 
Unfortunately understanding alone will not lead one to profits.... AMEN!



To: Return to Sender who wrote (14889)5/10/2005 2:42:50 PM
From: willcousa  Read Replies (2) | Respond to of 25522
 
"Unfortunately understanding alone will not lead to profits"

In other words "Is that a head and shoulders I see or are you just happy to see me?"

Sorry, What you say is so true and I then got this weird thought about how TA folks argue over chart patterns.

Will