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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: John Stewart who wrote (3397)7/16/2001 6:28:21 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
John, Hope you had a great vacation. Where did you go?? KKD chart looking more suspect since my last posting. It will probably break when the short interest diminishes. Re: MTSN, this sector is still very sick. Look at the AMAT action today. MTSN support now at 12. Looks to me like the charts are saying that there won't be any recovery until next year, at the earliest. I guess we can take some comfort in knowing that the next major move will be up. Alan Greenteeth created the tech bubble and then he broke it. Now he is scared because his cuts aren't working. Only an idiot would raise rates while crude oil was going from 10 to 35 bucks a barrel. Too bad Bush can't fire him. All the best, Phil
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