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

To: Tito L. Nisperos Jr. who wrote (28586)	2/26/1999 11:05:00 AM
From: Paul V.	Read Replies (2) \| Respond to of 70976

Tito,,i>if the stock is going to Dip down to 50 (a 30% decline from 71 5/8) and the stock doesn't climb back quick, I'll interpret it as the beginning of the Bear Market for all stocks. A 30% decline will easily deteriorate to -40 then -50 then -60%... The Bull %'s which I post, IMO, show that the number of DW sectors below the 50 percentile has increased while only a few were above the 50% mark. As the market and sectors move closer to the 30 percentile and below there will be some good buying opportunities in many sectors. Isn't it strange how AMAT is tracking 1996-97 upcycle. I expect the market to go down some more based on the DW leading indicators. However, IMO, I expect AMAT and the SEMI's Equip according to the BTB, Orders and Shipment numbers to continue to rebound in the Feb, March, April and May based on good SEMI's release of good BTB numbers. Just my opinions. Paul