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To: JRI who wrote (21205)	11/14/2001 4:16:20 PM
From: martin001	Read Replies (2) \| Respond to of 209892

AMAT missed and is trading higher DOW jones newswire color codes their headlines normally it is black but if it is deemed market moving it is coded red. Every AMAT headline was black and amazingly all were horrendous. sales down margins down. THe one headline in red was "long term outlook strong" Really friggin unbelievable

To: JRI who wrote (21205)	11/14/2001 4:17:43 PM
From: Doo	Read Replies (1) \| Respond to of 209892

"We gapped to 1710, and closed at 1703...so -7 on the day... We saw this stuff before this year, and it was right before tops.." JRI: I agree as far as the price action, but what's missing is volume on days like today, for example. There's a fairly simple way to monitor such distribution days. PM me if you are interested. In my view, neither today nor yesterday marked a distribution day, and although there was no doubt distribution, it was not significant in the search for an intermediate term top.