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

To: blake_paterson who wrote (25515)	10/20/1998 12:17:00 PM
From: Robert Schling	Respond to of 70976

I'm with you on this one, but calmly waiting for the trend to reverse. Talk about panic buying; I just don't see the rationale. This is a manic-depressive market if I ever saw one. Good luck, I'll probably be in soon. Down trendline that has been established (look at the weekly chart) sits at around 33-34 and I would be surprised to see AMAT go beyond that at this juncture. If it does, very strong resistance at 40. Stock does have a habit lately to run up before earnings though (see last top at 37 and change). RS