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


To: Gottfried who wrote (21094)7/4/1998 4:34:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 70976
 
My 2c T/A wise is that AMAT must break 25.63 to complete the decline from the top. So far it has done and A-B-C down to 25.63 then an ABC correction back up part way. It must complete a second A-B-C decline to a slightly lower low. So far, it has only done the A (to 26) and the B(now in progress) of this second zigzag. Look for first line of support at 24ish on the C leg down. Until then it is not safe to buy AMAT