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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (4830)	8/31/2000 11:04:44 PM
From: Zeev Hed	Respond to of 30051

I think that the late day $82 was "tape painting", in any event, that was exactly the level I thought it could reach on a bounce, you got to remember that we violated support at $77 badly and currently the trend is down, even a print above $83, will not change the trend to to up, only to "neutral", you need to conquer $97 to have a positive trend, or a validation of a bottom, we had a DLL today, so there is no bottom, yet. ATML is a very good company, it got weak in the last debacle with the rest of the flash, but since then has reestablished a positive trend. Zeev Zeev