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


To: Paul V. who wrote (27728)1/16/1999 11:14:00 PM
From: Tito L. Nisperos Jr.  Respond to of 70976
 
Paul V,

Yes, next week could be the time AMAT breaks the All Time High of 57 5/8 set the other week. The Market shelved (for future use) the otherwise Bad News from Brazil, Good BTB numbers coming up, companies from this group poised to report Improving conditions ... the stage is set for AMAT to hurdle 60 and might even pass my 65 target for this YoYo Catch ... I'd like to CAUTION the reader though that during the last Bull Market upon reaching 72, AMAT Dropped 21% to just above 57 ... before settling at 63 --- the staging point for the Fast ToeWide Up-Steps built 8 to 11 trading days apart, the Upper Part of the Staircase reaching above 100! ... But what I can not figure out yet is WHEN we will have the Landing or Resting point (where the stock stays in a trading range for a month or two) ... Anyway, we Bulls could Carefully and Patiently enjoy the Wait when that time comes ...