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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (111898)1/14/2005 11:03:32 AM
From: The Freep  Read Replies (1) of 209892
 
Well, now, MC, impressive is in the eye of the beholder... and the day is far, far, far from done. Not that I'd expect many dailies to suddenly look fantabulous, but I'm watching AMAT quite closely. Today it's flirting not only with the 20dma (and therefore the middle bband), but once again it's pressing up against what would be the 1 down off the December high. If it does take that out, then the only short term bearish count would be that it's gonna launch the iii of 3 down. The bullish count becomes that it did my long talked about ABC <g>

the freep
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