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Strategies & Market Trends : Joe Stocks Trader Talk -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (101)2/5/2002 11:01:07 PM
From: Joe Stocks  Respond to of 787
 
KLAC- I like stocks like this when they get up to the "decade" numbers for resistance. Makes it real easy to set a stoploss.

I agree with you on KLAC. Has been very strong along with AMAT. I expect them to roll over at any moment. The upgrades yesterday just didn't make any sense in light of all the cap-ex spending cuts. But, like the CEO of AMAT said, things will be great once their customers start buying from them again. LOL!

Joe