Applied Materials No-Politics Thread (AMAT) Message Board

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

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To: dr_elis who wrote (17103)	1/11/2006 6:44:41 PM
From: robert b furman	Read Replies (2) of 25522

I don't want to sound outrageously bullish. I expect a retest of these many breakouts. Volume and nice closes at the end of the day makes me think this run has some power to it. Can't help but think the volume is resulting in quite a few short positions getting covered. The retest would be best if this break out really got strong - it'll pull the late to invest buyers and that should provide some good low hanging fruit to pick off on the retest. Nervously optimisitc. Keep in mind - all of this nice yearend /start of January has happened dueing prewarnings and earnings are yet to get in gear. It really could be good. Gulp Bob

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