Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (9998)	8/14/2001 12:31:48 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 209892

Allan: Re: "Another swing down is my call." On a fundamental basis I would agree with you. On a technical basis, I have to disagree. RSI is at a swing low. Note that it has not really changed in price since the August 10 market lows. Options expiration put a floor under it for now. At $44, I think AMAT bad news has been sold in the market. Should be no big secret with NVLS and LRCX already reporting. Stock is poised to do nothing on the news at the end of the day tomorrow at worst and there is a good possibility of a nice bounce IMO.