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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (26723)	8/3/2000 12:19:19 PM
From: James Strauss	Respond to of 42787

weekly trendline support for amat at 60. From 10/9/98 weekly low and connect weekly lows Chris: I have a short term and long term trendline for AMAT that intersects in the 55.00 area... The 1 month chart shows AMAT trailing the poor Technology sector performance... chart.bigcharts.com The 2 year chart shows how much AMAT has outperformed the Technology sector... chart.bigcharts.com When it does turn around in the mid 50's, it should be a star performer... Jim

To: Chris who wrote (26723)	8/3/2000 12:21:14 PM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

Market at another intraday juncture, and we are now into the lunch session. Side-by-side bull flags, the last one higher but smaller than the other. Now a small pullback. Broad price contraction. Here price is making a test of top. If this fails, I think selling will enter the picture. Those pullbacks were significant for the way the market was trading. And the price is now at the 20 EMA of the 15-min chat, which is a significant MA for this market. Bob Graham