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

To: Paul V. who wrote (25645)	10/23/1998 12:39:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Paul, OTOT * TA TA * If I read the PnF chart correctly, AMAT needs just one more box at 33 to break through the bearish resistance line, which is a bullish thing to do. Right? So I should ideally forget fundamentals (at least short term) and go with the chart, which shows a buy signal for AMAT. Ah, but it is so hard for me to ignore fundamentals.:( I wish I could just believe, like you! You said >Bet we will see a 50 PE in the not to distant future as earnings drop off and the funds keep the price up.< Didn't Jacob say he would sell at a P/E of 40-50? If he sells, the price will drop sharply.<G> Gottfried Are you in any banks or S&Ls? Both sectors are bull alert <30%