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


To: 16yearcycle who wrote (29490)4/10/1999 11:52:00 PM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Eugene, Gottfried and threaders, To: wizzards wine
Looks like AMAT is in the DW side triangle formation and above the bull support line. Looking at the 1997 upcycle AMAT could be breaking out again to the upside for a double top Monday at $68. But, it again could go the other way for a double bottom at $63 or again in a shakeout mode. This side triangle signal is the the hardest one for me to calculate. Do you have any ideas?

Tom Dorsey, would say, "let the indicators tell us.<g>,,

IMO, if it follows Tito's and the 1997 upcycle pattern it will probably be to the upside during the next couple of weeks.

My opinions.

Paul



To: 16yearcycle who wrote (29490)4/11/1999 5:19:00 PM
From: Stefan  Read Replies (1) | Respond to of 70976
 
Keep your head in the sand and all will be OK as you say. Just don't be pissed off when the storm passes and rips off all your feathers.<g>