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


To: Ms. X who wrote (12871)1/21/1999 12:13:00 AM
From: Paul V.  Read Replies (2) | Respond to of 34811
 
Jan, you will just have to drink some more of those free spirits.<g>

Seriously, with Tom's charting patterns I have been able to catch AMAT in 1996 at $26 7/8 and again this year at 26.50. My problem, is getting off near the top. When I completed the original potential calculation of AMAT off it DW low of $22 I got $64 (vertical method).

I expect AMAT will hit $64 prior to its earnings in February.

Knowing how many poles, double tops, and then the ultimate top, IMO, is the hardest thing in riding a stock. I know that top recommends selling in 1/3, 1/3 and 1/3. But, with AMAT and the SEMI's they run up to the area of $100-120. Any suggests how to project AMAT's highs from here?

I just want to exceed as much as I can.


Paul