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

To: vampire who wrote (17262)6/7/2001 12:24:47 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
It could of course be, but do you think that KLAC can maintain relative better performance than the others? Look at VECO, it performs better than the rest of the group, it has broken down recently, and IMHO, right now it is only doing a DCB.

Zeev



To: vampire who wrote (17262)6/7/2001 12:25:57 PM
From: Richard Wang  Read Replies (1) | Respond to of 30051
 
Both Klac and Amat could be forming a head-and-shoulder formation, which will be very negative. Klac could escape this by going over 60, maybe to 61-62 range, and turn its chart very positive.

Klac will likely follow the latter pattern, as tech stocks remain strong. All bets are off if Intel's news is bad later today.

Richard


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