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


To: advocatedevil who wrote (45294)4/10/2001 5:17:46 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 70976
 
ST trading:

I'm still all long, looking for that bear rally to sell into.

Sox is closing today right at former support level. From 11/00 on, the SOX bounced at about 520, 4 times, before support failed early this month. If we have one more strong up day for the SOX, it means we could go to 650 (3/01 resistance), even 750 (1/01 peak) isn't out of the question. On the other hand, if we stall here tomorrow, then new lows should be expected soon, as the broken support at 520 is retested from below.
siliconinvestor.com.

AMAT should follow the SOX.