Axcelis Technologies, Inc. (ACLS) Message Board

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Technology Stocks : Axcelis Technologies, Inc. (ACLS)

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To: Lance Bredvold who wrote (105)	4/12/2005 7:27:44 AM
From: robert b furman	of 195

Hi Lance, I recall you telling of selling puts before - so that's how I took it- great move. 6.25 will give you below market accumulation - I've been viewing 6.50 as a level of support. Working mostly off of this chart: stockcharts.com[w,a]daoanyay[df][pb33!b50!f][vc60][iLh14,3!La8,21,5]&pref=G I like the prolonged lows of STO below 20 and MAC has been posotively diverging up agaginst a decline in price. I think we're looking good here. It's either a great dip to buy up or the collapse of the market/indices. I'm long here on some short term trades,(buying dips on Sbse,Cohu and Acls) and holding my core positions. I'm by no means a futures trader,but an acquaintance who hedges for Anadarko says crude historically peeks in April.The last several months have had crude up on expiration (this Friday). With natural gas and heating oil collapsing ahead of expiration - my bet is that friday won't make a new high and we'll get some very positive price collapse action from crude. Let the Rally run as the stronger companies show earnings in spite of high crude. The set up looks good to me.BWDIK Bob

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