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


To: Thomas J. Smith who wrote (29236)3/28/1999 7:31:00 PM
From: William  Respond to of 70976
 
OK, you've given one third, which way. Now the other two thirds please, how far and how soon? Let's see how good you really are.
William



To: Thomas J. Smith who wrote (29236)3/28/1999 7:55:00 PM
From: Big Bucks  Read Replies (2) | Respond to of 70976
 
Dear PORKY,
Please provide us some details, are you looking at MACD, Momentum,
Stochastics????? I see some downside potential but if AMAT gives
an improved business forecast then things could reverse quickly.
A price below $52-55 could be a good buying opportunity. It is
interesting to note the market seems to be topping out, even Abby
Cohen only sees a DOW maximum of 10,300 this year. There comes a
point where inflated stock prices don't entice investors anymore
and the inevitable saturation occurs, fortunately the chip market
and its product applications is still expanding. AMAT is selling
the capability to improve production and profitability. Chip
companies will either continue to invest or be forced out by the
competition.

iqc.com
Just my opinion,
BB



To: Thomas J. Smith who wrote (29236)3/28/1999 8:04:00 PM
From: Tan Tran  Respond to of 70976
 
Pigman,

What is it about AMAT chart that suggest to you it's
a short ?



To: Thomas J. Smith who wrote (29236)3/29/1999 3:19:00 AM
From: John Stichnoth  Read Replies (1) | Respond to of 70976
 
All right, Mr. Smith, I'll bite.

Negative signals on the chart may be:

Failed to extend prior highs
Declining triangle
Suggestion of head and shoulders

Positive signal:

Suggestion of support at about 55.

Can someone explain these numbers:

MACD -.53
Stochastics 20.56%
OBV 13.95

Comments please?

Best,
JS




To: Thomas J. Smith who wrote (29236)3/29/1999 8:39:00 AM
From: Tatnic  Read Replies (2) | Respond to of 70976
 
Yes I like this short too....notice how the 50 dma had acted as good support all through the runup? Now its acting as good resistance...the stock price has no technical support to speak of now and the sector is just as bad. Hit it.