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

To: Paul V. who wrote (60906)2/22/2002 4:41:50 PM
From: Tito L. Nisperos Jr.  Respond to of 70976
 
Paul V,
AMAT usually hurdles a major Bar of resistance like 50 on its 4th try (the 3rd and 4th usually just days apart). We have gone as high as 48 twice already. The Nasdaq needs to come back from its current slump though, in order for AMAT to trade above 50.

If it's not time yet to enter a higher YoYo range, at least by buying some now near the Drop and selling later above 46 near the Catch is profitable.


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