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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 (163)10/30/2001 12:45:20 PM
From: robert b furman  Read Replies (1) of 25522
 
Hi Brian,

Well 34-ish has yielded to 33-ish.Nice support at 33.0.All trendlines are now headed down and we're looking for some volume buying to come in and then go sideways.Ideally after that we catch a second dip too 33.0.That's not to say 31 might not come along - then we get excited about buying 1/3 of the dry powder.This could give us a nice opportunity to average down if we revisit the 20's.

Salivating bargain time is 27-ish. Great long term core holding position.Hey a guy's got to dream.hehe

siliconinvestor.com

Bob

Today we've dropped below the 40 dma and are sitting on the 20 dma.
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