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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (14836)8/13/2002 11:44:51 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 17639
 
I think we need to watch a stock like AMAT very close. Its estimates for year ending Oct 03 are for .62 per share. While these numbers will probably come down still I think the stock will too. In terms of time (not price) I think we're getting close (within 60 days) of a *potentially* nice bottom fish.



To: Jorj X Mckie who wrote (14836)8/14/2002 6:50:32 AM
From: Oral Roberts  Respond to of 17639
 
SPX

I have 878 as the new uptrend line and 875 as support on the hourly chart. I would guess those to be the first likely bounce points. 854 on the hourly is the next stop if those fail. Hourly is getting oversold of course so a bounce isn't out of the question fairly early in the day but a break of 880 confirms the trend down. If we continue down I will hold my puts right through tomorrow late.


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