Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 294.38

-1.0%

Nov 7 4:00 PM EST

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To: Jacob Snyder who wrote (53412)	8/24/2011 8:01:36 PM
From: Return to Sender	2 Recommendations Read Replies (1) of 95385

AMAT Charts: 6 Month Daily: 3 Year Weekly Chart: 15 Year Monthly Chart: I Keep in mind that the monthly chart is the king here. RSI can below 30 even on a monthly chart. I think AMAT may go lower than your target but if it does it will not do it without the overall market going much lower than your 1020 target on the S&P 500. Ultimately your upside target could be taken out as well. Might take a while though cause I see no evidence the downward move is over. Not just for AMAT but the market period. But of course I could be wrong. Buying here should ultimately make an investor money. RtS

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