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

To: Murti Gajjala who wrote (23832)	9/5/1998 2:39:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Murti, here's the URL again (the one in your post didn't show the volume bars) bigcharts.com The red bars show the relative volume at the price given on the right-hand Y axis. So you can see that most volume occurred between about 28 and 38. Very little volume below 24. All I can infer is that investors who bought within the last 52 weeks (since it is a 52 week chart) are all sitting on a loss IF they HELD. I have no way of knowing how many held. Since those who held are potential sellers, I have to wonder how much lower the price would have to go to make them sell in pain. Or whether some of them would sell if the stock rises to the price where they bought. The answers to these questions are unknown, but asking them is instructive. Gottfried