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


To: Big Bucks who wrote (16956)3/3/1998 4:13:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
BB, my amateurish TA observation: price is touching the lower
Bollinger Band again. Often it has bounced back after that happens.
(especially when the band is rather flat)

iqc.com

GM



To: Big Bucks who wrote (16956)3/4/1998 12:42:00 AM
From: Paul V.  Respond to of 70976
 
Big Bucks, >IMO it will take 5 or 6 trading days to bottom out, very short term of about 2 weeks. May get another down turn after day traders bump it up for a few days from the nearest forthcoming low.<

Wednesday we will know what is happening accord to DW data. Also, we must remember that Friday, March 20 and April 17 are Option days. Tom Dorsey has said that if you wish to buy place a order $2 below the normal range and if you are wishing to sell place an order $2 above the norm. You may just hit your price. It's just that violatile. No one can predict which way it will go.

Just my thought.

Paul V.