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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (2533)	3/31/2002 11:35:24 PM
From: robert b furman	Respond to of 95640

Hi RtS, Thanks for sharing your thought process.I agree with sticking with charts that are familiar. Two things I like about your Sox chart - in general: I like how RSI has stayed above neutral - this is a positive divergence to Wm %R.To me that shows stealth buying of the sector. If you study breakouts - they often can climb to the top of a BB -finding resitance at the mid point of the BB is a good indicator that the next place for it to be found will be above the BB.If we get the pop I'm hoping for - this next round will feature new higha as it literaly climbs above the top BB for 11-15 days.gggg Lets hope we get " some of those easy profits. I think the trading action of Amat tomorrow will be a very good clue on how much purchasing power will chase into the sector. I've owned Amat before,but not durinf a split.I've owned Cohu for many years - every time they split I max out my purchasing power.I know management would never do a split unless they were very confident of the next year at least in the future.To me this is one of the most obvious yet subtle clues about the direction of the entire sector. Certainly the sector will not advance unless led by Amat.I think the small caps will do a better % climb - but it must have the Gorilla doing the pulling. JMHO I'm looking for a little of that overbot action - like happened almost all of 97.gg Hope you do well with your Amat tomorrow. Bob