Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn who wrote (14396)	2/21/1999 7:44:00 PM
From: Jorj X Mckie	Respond to of 34818

Glenn, There are some good reasons to consider AMAT. I just got out of some puts that I bought based on the sector strength. Though I got out with a couple of dollars, buying puts on AMAT was a stupid thing to do. They have one of the prettier charts out there right now and have apparently given very positive guidance (Judy or Puddleglum might be able to elaborate more on this). AMAT broke two triple tops in a row and pulled back for a nice entry point. I am still somewhat cautious going long on any stocks at this point, but when the NYSEBP turns positive, AMAT would be on the list. JXM