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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (1962)	3/26/1998 12:29:00 AM
From: Paul V.	Read Replies (1) \| Respond to of 34811

P&F Madness, With AMAT reversing up with a three point reversal and with the SEMI'S sector being at 41 it appears to me that that AMAT and the semi sector is ripe for a rotation movement for those stocks which are 70% and above. Maybe, this explains why we were seeing AMAT's movement upward to $35.875 today. The Bull Support line appears to me to have moved upward to $34 with any downturn. What are your thoughts? Just my opinions. I, last week, bought my kids $2000 of AMAT at $33 5/16 in a 1997 conversion Roth IRA and a 1998 Roth IRA. Now, I can just keep getting at least a 25% compounded annual return for them for them until they reach 59.5 yrs of age. Just my $.02. Paul V.