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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Proud_Infidel who wrote (133)10/29/2001 1:30:55 PM
From: robert b furman  Read Replies (1) of 25522
 
Hi Brian,

A short-term look:

siliconinvestor.com

Amat has rolled over in Dmi -DI has crossed over +DI
Stochastics topped and built a nice top -but failed along with momentum.

Looks like fast moving average will now test slow moving average.

Maybe we dip to 34-ish if we fail there.Could be a slippery slope at the close.

Volumes going to have to pick up if we get a turn around this afternoon?

Longer term weekly and daily look strong so a reversal could well come.

Price still is too high for me to do anything but watch.

Bob
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