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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 261.81+0.4%Dec 26 3:59 PM EST

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To: Proud_Infidel who wrote (17348)1/22/2006 8:11:57 PM
From: Gottfried  Read Replies (2) of 25522
 
I don't short but if I did I'd wait to see a clear weekly downtrend. INTC doesn't show that yet, but it could go that way stockcharts.com[w,a]waclyiay[de][pb30!d20,2!b10!f][vc60][iut!Ub14!Ub4!Lah12,26,9!Ll14!Lf!Lc20]&pref=G

Now replace INTC in that chart by the other symbols of Hickey shorts and you'll see only DELL is in a clear weekly downtrend. The other two he's shorting based on fundamental guesses. I'd never do that because stocks with declining fundamentals don't always go down.
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