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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Jon K. who wrote (5786)	2/8/1999 10:00:00 PM
From: donald sew	Read Replies (1) of 99985

Jon, Concerning AMAT and other hot stocks, I normally wait to see some technical weakness first, like a double top or a lower high. If a stock reverses straight down without showing any weakness - well, I will just miss it. AMAT, right now, is not showing any signs of weakness yet. In that same sector, LRCX may be showing some signs of topping out, but those are not that clear yet either. Seeya

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