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

To: Woody_Nickels who wrote (25238)	2/20/2013 2:17:49 PM
From: robert b furman	Respond to of 25522

Maybe quicker. What I considered a generational run Started in October 1998 and peaked around March/april 2000. Although it was a mighty distribution it all occurred with in 18 months and then it blew up and hasn't been the same since. sigh Bob I viewed that as a fifth wave final wave runup - Most I trust and believe think we are finishing up a wave 3. So one big wave down or if this market is really strong a rare running flat and then a final 5 up which can either extend or truncate. Then a mild down wave and possibly a new high B wave and look out down below. That would take us into 2014 possibly.Corrective C wave down would take some time to resolve as it would be a 5 waver in either case.