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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (59527)5/1/2002 9:06:59 AM
From: Steve Lee  Respond to of 99280
 
How's this for a feeble pump?

While AMAT did not make specific comments about the quarter, Merrill claimed the "tone" of the presentation showed management's excitement about the improving business outlook



To: jjstingray who wrote (59527)5/1/2002 9:46:09 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
jj, maybe we consolidate and hit the fibs today before the next leg up. We hit the NDX .618 fib already this AM at 1267, and I imagine we'll also hit the .50 Fib, as the COMP has not hit the .618 level. A breach of 1253 NDX will mean a drop to NDX 1207, IMO. I think NDX 1261 may be the sweet spot for a turn back up.