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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (13978)	12/31/1997 2:11:00 PM
From: Dave Grady	Read Replies (1) \| Respond to of 70976

Kevin, What bear market? Take a look at your SP500 chart...it best represents the "market"...looks pretty good to me and I do not even read tea leafs.

To: Trader X who wrote (13978)	12/31/1997 2:12:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Kevin, that's the most beautiful chart I've seen. Please explain where the sell signal comes from and why 22 is resistance. GM

To: Trader X who wrote (13978)	12/31/1997 4:28:00 PM
From: Big Bucks	Respond to of 70976

Kevin, Thanks for the chart, I do see the crossing of the 10day and 20day moving average which seems to coorespond to other selloffs. IMHO we will only see possibly a $2-4 drop if one occurs, and it will be brief, on the order of 3-5 days. Expect the funds to start investing in 2nd-3rd week of Jan, my target is $35-39 by early Feb (barring any earnings warnings by AMAT). Investors should have cash ready, if the stock does drop, to scoop up the stock at the low points. Regards, BB