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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Guy Gordon who wrote (33766)	1/13/2000 10:30:00 PM
From: Big Bucks	Respond to of 70976

Guy, Thanks for the chart. I also look at the longer day-to-day chart and the weekly and monthly charts for overall trend analysis. Right now with the market so volatile I'm more interested in the price move intra-day. We have been observing many of the tech stocks moving in $3-7 daily swings for quite a few weeks now. The MACD and Stochastics oscillators give very nice price movement signals. Study the charts in the previous post, you will see my point. By studying/using the 15min,30min,60min,daily,weekly trends a much clearer picture of routine price movements appears. Of course there will always be unanticipated wild cards that can briefly upset the trends so nothing is absolute. Two wild cards tomorrow, Intel earnings released this afternoon will boost the semi-equipments tomorrow, but then there will be nervousness about what Allan G said about the Fed not waiting for various economic uncertainties to come into clearer focus before reacting which likely means a .5% interest rate boost at the Feb meeting. I think investors have anticipated that and won't react in mass until the last week of Jan. Anyone else got an opinion??? Just my opinion, BB