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

To: zsteve who wrote (23211)8/21/1998 4:47:00 PM
From: Gary Burton  Respond to of 70976
 
Any TA folks notice the large ABCDE triangle off the 25.50ish low of late last year? We seem to have done the A,B, C and D down very soon, leaving only E up a bit to complete the pattern---if this pattern is correct, new lows should soon follow. The point is that the up and down zigzags are converging and triangles are usually continuation patterns (down in this case). My 2c



To: zsteve who wrote (23211)8/21/1998 11:42:00 PM
From: Mark C  Read Replies (1) | Respond to of 70976
 
Please explain. I got in at 29.75 today.



To: zsteve who wrote (23211)8/28/1998 12:21:00 AM
From: zsteve  Read Replies (1) | Respond to of 70976
 
just got home from holiday. when i turned on my computer, i found that amat almost hit my covering target 27(covered most shorts last week). i really felt sorry for those who lost money in this market, but now we have a better understanding of those 'buy' analysts -- please buy when i need to unload.


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