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To: Olu Emuleomo who wrote (11800)	3/22/2001 1:11:14 PM
From: T L Comiskey	Respond to of 13572

Borrowed from the Porch........ markpoyser.com

To: Olu Emuleomo who wrote (11800)	3/22/2001 2:18:57 PM
From: Walkingshadow	Respond to of 13572

MU testing critical overhead at the 200 ema; technicals look strong, but IMHO MU would be a good potential short if technical weakness appears, which would indicate a failure at the test. stockcharts.com[h,a]dbclyymy[db][pb50!b100!c200][vc60][iLg!Lp14,3,3!La12,26,9] 5 min intraday shows technical weakening, but MU is still trading above all its moving averages; looks ready to test support there IMHO. askresearch.com AMAT looks to be basing, but hasn't been able to successfully test the 100 ema. Technical buy signals currently, but AMAT is about to test the 100 ema again: askresearch.com NVLS is also testing overhead at the 200 SMA, on rising volume. OBV shows a technical buy signal, however there are sell signals in stochastics and MACD, constituting a bearish divergence. This suggests that most likely NVLS will fail here, and on increasing downward momentum suggesting a downside breakout of its recent base, might constitute a good short. Personally, I wouldn't entertain the possibility of a short unless NVLS also failed at 40, which is the lower trendline. Just a failed test of overhead would not be good enough, because NVLS has been range-bound lately: stockcharts.com[h,a]dbclyymy[dc][pb50!b100!b200][vc60][iLg!Lp14,3,3!La12,26,9] I agree TXN looks technically strong as it tests candle/chart resistance at 37. Stronger resistance lies above at the 100 SMA. IMHO, TXN will rally to test this level. stockcharts.com[h,a]dbclyymy[db][pb50!b100!c200][vc60][iLg!Lp14,3,3!La12,26,9] All JMVHO, as always..... Walkingshadow