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Strategies & Market Trends : The Market Beacons

SPY 685.33

+1.1%

4:00 PM EST

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To: Magnatizer who wrote (20)	2/11/2001 9:09:47 PM
From: robert b furman	Read Replies (1) of 1298

Hi Mag, I'm getting an error 404 on your link?? Really do appreciate your review. My last purchase 12/18/00 was at 30 1/2 ish - it seemed very solid on a RSI basis. I would think support at 31 would be good and 26 would be stealin.Any thing below that would be "Honey can I borrow your diamond for a while??"HEHEHE Amat announces earnings next week.They are the 800 pound Gorilla in that Industry sector.I'm thinking that the future vision is a "no brainer" and if they miss theirnumber it could well be a replay of Csco. In any case the entire sector has reconfirmed not is all well in the future.Amat being the Big Fish in the sea,could have a powerful impact. Neat that they are so late to report and reconfirm that which has so uniformly been disclosed by other smaller companies - who also happen to dominate their niche in semi equip industry. The past high was 110 ish and they are down 65 % or so now so a short must be quick. Thanks for the review - I'll look forward to your chart.Going to sleuth some more specifics on earnings reporting due this week. Bob

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