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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (10596)12/1/1998 12:56:00 PM
From: The Perfect Hedge  Respond to of 34809
 
>>>>>> The more lies, the better.<<<<<<<

For both of us!

B*



To: Judy who wrote (10596)12/1/1998 6:16:00 PM
From: Bwe  Read Replies (1) | Respond to of 34809
 
I like AMAT very much, Judy. The stock just had a High Pole at $39 and I think the correction will be limited to the STUL at $36. A reversal from here into X's would occur at $41 and there's short term potential to $45 then $47. AMAT has given 3 straight buy signals off the October bottom at $22, and is making higher bottoms. AMAT has very good support between $35 - $40.

50 day MA:$32.01
150 day MA: $31.19
200 day MA: $32.28

Take care,
Bruce