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


To: Proud_Infidel who wrote (21092)7/4/1998 4:15:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Brian, thank you, thank you! You caused me to look up the definition
of RSI...

Definition: Relative Strength Index(RSI) is an overbought/oversold oscillator
which measures a stock's price relative to itself.The value of RSI is between 0
and 100;

Interpretation: Conventionally, buy signals are triggered when RSI is in
oversold (20-30) area, and sell signals are triggered when RSI is in
overbought (70-80) area. RSI works better in a non-trending market than in a
market with a clear and established trend.

207.95.154.130

180 week chart of AMAT
207.95.154.130

So, now is approximately a good (maybe not the best) time to buy,
according to RSI. Of course, RSI doesn't know anything about the
future and whether the stock will be dead money for a long time.

Later, Gottfried



To: Proud_Infidel who wrote (21092)7/4/1998 4:39:00 PM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
Brian, it took me a while to see it: AMAT is stealing CMP business
from SFAM is your message? That is, if the SFAM poster's numbers
are approximately correct.

You should in the future spell these things out,
so the rest of us don't have to think too hard. <vbG>

Gottfried