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

To: Proud_Infidel who wrote (23928)	9/7/1998 6:05:00 PM
From: Big Bucks	Read Replies (3) \| Respond to of 70976

Brian, Looks like there will likely be a rally in the Naz and Dow tomorrow, the question is "Is it sustainable?" As for AMAT,I anticipate some $.50 - $2 daily price swings over the next couple of weeks until the B2B and options expiration then down hard from there and going into Q4 earnings. Any negative comment by AMAT or earnings warning will likely send the stock into the teens, but that probably won't happen until mid-late Oct, IMHO. If the markets rally there will be no need for the Fed to decrease interest rates which might stall the rally. Any rally may be the catalyst for institutions to depart the stock if they are tracking the recently violated technical indicators, which may catch unwary traders/investors. Let's be careful out there!! Good investing to all, BB