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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 225.03-1.6%1:02 PM EST

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To: Proud_Infidel who wrote (10402)6/17/2004 10:24:00 AM
From: robert b furman  Read Replies (1) of 25522
 
Hi Brian,

I always watch them for leadership.

Any company with such a dynamic lead in this great sector,and that has such a tremendous balance sheet - JUST HAS TO LEAD IF TECH IS TO BE !!!

Looks like the gap has been filled and we are on the verge of a breakout:

stockcharts.com[w,a]daoanyay[dc][pb33!b50!f][vc60][iLh14,3!La8,21,5]&pref=G

I think the Sox is about to reverse.This downward trading on such light volume says no sellers to me.

The shorts just can't manufacture a volume sell off and will be trapped in the not tooo far off future.

JMHO

Bob
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