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Technology Stocks : Semi Equipment Analysis
SOXX 285.23-3.7%Dec 17 4:00 PM EST

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To: Gottfried who wrote (3300)5/25/2002 2:27:10 PM
From: robert b furman  Read Replies (2) of 95596
 
Hi G and RtS,

Sorry sloppy writing on my part.

Comments I made were using RtS linked chart ( daily - but I replaced Williams %R with DMI and RSI with Fast stochastic :

Here's the chart - once again pardon my sloppy netiquette:http://stockcharts.com/def/servlet/SC.web?c=AMAT,uu[h,a]daclyyay[pb50,200!d20,2][vc60][iUl14!Ui14,3]&pref=G

See the +DMI and -DMI crossover (-Dmi above +DMI always results in declining price)and it seems like fast stochastics needs to dwell in oversold land alittle longer in time.The old saying price does not make a bottom time does.

We have too much time before good earnings prove the nervous nellies wrong.

Schemers will make much noise in between.

21 ish looks like a sure thing and breaking 20 would be severe and very scary(an outstanding entry point - but we'll have to be numb).gg.

JMHO

Bob
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