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

To: Paul V. who wrote (29992)	5/8/1999 12:42:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Paul, bearish resistance line extends to 60, so 61 intraday breaks it. Just as you said. 60 breaks a double top, which is the next buy signal. Yes, the vertical price target is 79. Remember that Tom Dorsey says he doesn't use targets much, as they are more suitable for traders. Anyway, better an educated guess than nothing. You say >the range for AMAT, if it breaks the double top and bear resistance line, is $67-$79 in the next few months. This could possibly happen during the next three weeks Months or weeks? It probably doesn't matter much to those who hold. Have you counted your money lately?<G> Gottfried

To: Paul V. who wrote (29992)	5/10/1999 9:13:00 AM
From: Tito L. Nisperos Jr.	Respond to of 70976

Paul V and Others, Re "Perhaps Tito's construction workers can give us their perspective.<g>" Before he left for vacation, my Spy intimated to me that the StairCase construction workers are waiting until the 18th (earnings time) to make sure enough money is available for them to start the first step above the Landing (71 5/8). Now that my Spy is out of service, I'm forced to rely on my Instincts (Learned Instincts that is) to give my thoughts on how things may work out in the future. Nothing Sinister or Extra-Terestrial in Learned Instincts. Two years ago in another Thread, somebody even laughed at my predictions and offered to sell me a 10K Crystal Ball!... Learned Instincts means simply the ability to interpret or predict things thru experience --- like knowing that if the Sun doesn't appear today due to rain, it could shine again some other day; or simply to predict the obvious --- that if in the US we are in Spring --- next we will be in Summer!... Thru Learned Instincts, we know that Repeated Occurrences become like Habits that are easy to predict. We don't need to monitor so many Market indicators like Advance/decline issues, a bundle of SP 500, Dow 30s or whatever Indexes to know if the Stock Market is to go South or North after Spring. I surely will not go Short AMAT at this point of time even if my Quote machine is indicating the Stock P/E is at 400!... what with the Habit of AMAT to sneak to the Upside a few days before Earnings Time!... What I want to see happen is the Construction workers start building the Riser up to 80, then proceed to 90 then to 100+ --- with a decline of 11% in each Step. I hope the Workers don't interpret this as an Order to follow. They can do what they please. (it's Scary to learn as if I'm being followed like what happened last time --- when I suggested 72 to 57 9/16 as the Landing or Trading Range and they did Trade close enough at 71 5/8 to 54 1/2 for some time!) Of course anybody can do better than me in predicting as long as he pay attention to his Learned Instincts and Pay Close attention to AMAT's Habits... Chances are young peoples' Learned Instincts are more accurate in predicting than mine!...