Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (3689)	2/2/2001 2:59:56 PM
From: Jenna	Read Replies (1) of 6445

AMAT even with a good chart Wednesday after a nice upgrade went nowhere. The moment it dropped below 59 9/16 (see chart) it was a short bait play. We didn't short we had bigger fish to flay. marketgems.com This chart was made the morning of the upgrade and posted in pre-market analysis. AMAT is now testing the 20 day moving average after a spinning top close yesterday that was a predicator for today's confirmation drop (like a rock)

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