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

To: Justa Werkenstiff who wrote (15326)	5/2/2001 3:32:51 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Actually, we seem to be breaking recent pattern and turning down here toward the end, maybe 2250 is too "formidable a resistance" for this market after all. As for AMAT, I agree with your observation, it has made quite a show going all the way to the $57, but it is running out of steam fast, and I think that the rest of the semis are going to simply follow. For those brave should playing on the dark side, here might not be a bad entry points, actually, the like of CYMI and DPMI are probably good targets. Zeev