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Kirk

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Kirk

Re: None

Wednesday, 02/12/2003 10:39:20 AM

Wednesday, February 12, 2003 10:39:20 AM

Post# of 93
AMAT Price vs Backlog buy/sell strategy

http://home.attbi.com/~gottfriedm/SEMIcharts/backlogchange.gif

It sure looks from the chart that the time to buy or add to AMAT is when they announce an upturn in backlog. It also looks like a good time to take profits or sell (or short) is when they report lower backlog.

The problem with that strategy is the backlog numbers have been lumpy the past few years and it would give some whipsaw.


I wonder if anyone has the data to enter a simple buy/sell depending on higher or lower backlog and the price of AMAT the next day after announcing backlog?

Kirk out
#board-1574

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