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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (35106)	11/12/2001 3:07:25 PM
From: Johnny Canuck	Respond to of 67830

08:15 ET Morgan Ups Semi Equip Targets : Morgan Stanley expects the next semi equipment cycle to begin in earnest late Q1, early Q2; though sees possibility of near-term pullback, ups price targets on many names: AMAT 40 > 50, NVLS 40 > 50, KLAC 45 > 60, LRCX 25 > 30, MTSN 5 > 8, CMOS 16 > 20, DPMI 35 > 50, LTXX 18 > 25. 09:11 ET Needham Cuts AMAT/NVLS : -- Update -- Needham downgrades Applied Materials (AMAT 38.57) and Novellus (NVLS 37.43) to BUY from Strong Buy; notes 40+% appreciation off the lows and believes that share prices have largely discounted second half 2002 recovery and the fact that September probably saw the bottom in equipment orders.

To: Johnny Canuck who wrote (35106)	11/12/2001 3:09:27 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 67830

Hi Harry: Still like the storage sector and decided to post some chart links here. Some selected charts. NAZ 25 point chart. stockcharts.com NAZ 35 point chart stockcharts.com From a TA standpoint still feel we are going to have a retest. Maybe it doesn’t start till later. Fundamentally I would think the rhetoric we’ll be hearing between the Democrats and Republicans on a stimulus package would set the uncertainty stage for the pullback / retest. Maybe we only go back to the 1650 area. The other fundamental issue is when the Taliban fall and they give up bin laden. This would be a positive for the markets (IMO short term but a positive). Storage sector has had some nice moves off the bottom. QLGC stockcharts.com EMLX stockcharts.com NTAP stockcharts.com JNIC stockcharts.com VRTS stockcharts.com MCDT stockcharts.com ZOOX stockcharts.com BRCD stockcharts.com EMC – stockcharts.com STOR stockcharts.com Also notice how the security software sector has done well. Tim