AMAT below 14 and NVLS below 26. That would be a good buy area based on previous support. NVLS could get there before earnings in a week and a half. AMAT will hit 14 if we don't get good guidance from NVLS.
stockcharts.com[l,a]mhclyiay[d19950101,20020702][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G
stockcharts.com[l,a]mhclyiay[d19950101,20020702][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G
Obviously I still think we bounce in the meantime but it probably won't hold. On the theory of a bounce coming it usually does happen after this much carnage. Not a single index that I follow was up more than 0.01% today.
Gold was even down over 5%!
JMHO, RtS |
