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Strategies & Market Trends : Point and Figure Charting

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To: Anthony Wong who wrote (11195)	12/8/1998 5:56:00 PM
From: Judy	Read Replies (4) of 34814

That should be fine for an investor, Anthony. AMAT's short-term momentum turns negative if it closes below 41. I'd expect the sector to see some weakness when the Koreans dump their DRAM supply on the market in a few weeks. At that point the bears will be happy and the bulls need to decide whether the semi sector is truly rebounding or just had another false start. One more thing, P&F indicators are giving alerts of market selloff. However I am seeing indications of the market making a rounding top, similar to the market call I posted on the Stock Attack thread in April/May.

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