Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 268.79

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3:59 PM EST

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To: Donald Wennerstrom who wrote (9030)	2/22/2004 4:52:36 PM
From: Big Bucks	Read Replies (2) of 25522

OT- Regarding CMOS- the weekly chart is still in a general downtrend since 2000, and appears to be still forming the handle of a cup and handle formation. In order to confirm a weekly trend reversal the stock needs to rally and close above $16+. The daily chart looks like a short term up movement is likely once the stochastics cross above the 20% line and start trending upward.... DD advised. Currently holding no position in CMOS....BB

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