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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (133)	10/29/2001 1:30:55 PM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Brian, A short-term look: siliconinvestor.com Amat has rolled over in Dmi -DI has crossed over +DI Stochastics topped and built a nice top -but failed along with momentum. Looks like fast moving average will now test slow moving average. Maybe we dip to 34-ish if we fail there.Could be a slippery slope at the close. Volumes going to have to pick up if we get a turn around this afternoon? Longer term weekly and daily look strong so a reversal could well come. Price still is too high for me to do anything but watch. Bob