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

To: Tito L. Nisperos Jr. who wrote (14214)1/7/1998 12:09:00 PM
From: Bud Fox  Respond to of 70976
 
I agree with your technical analysis in general.
However, today's breakdown could be beginning of the re-test you mentioned. $30 has been the low end resistence point as of late. If AMAT closes beneath 30 on decent volume we could have a short term problem.

Let's hope AMAT can hold here.



To: Tito L. Nisperos Jr. who wrote (14214)1/7/1998 9:49:00 PM
From: Carl H. Gotsch  Respond to of 70976
 
Tito,

You got the words right, but the order wrong. It's not "from extreme bearishness to guarded bullishness" but from extreme bullishness to guarded bearishness.:) If this bull has a last leg, I am reconciled to his making the trip without me. Cashed in my longs to wait for better times.

Regards, Carl

P.S. Like everyone on the thread, bullish on AMAT long-term.


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