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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: stevenallen who wrote (36917)	4/16/2003 10:49:35 AM
From: stevenallen	Read Replies (1) \| Respond to of 57110

Wound up hitting AMAT @ 14.15 - I'm just not buying the tech train is leaving the station scenario - the numbers last night weren't that good. And if by chance the train is leaving the station it's just going to Hoboken, not the moon!

To: stevenallen who wrote (36917)	4/16/2003 11:06:40 AM
From: Jorj X Mckie	Respond to of 57110

I'm guessing that the 200dma pushes AMAT down a bit, but I can see a scenario where it rallies a couple of points. Notice that the stochs are not toppy at all. And macd isn't anywhere near previous tops. Just something to consider. stockcharts.com[r,a]dhclynay[pb50!b200][iUb14!Lp14,3,3!La12,26,9!Ll14]&pref=G On the SOX, one of my targets is 330, but another is 350...I am a cautious right now. This could be yet another bear trap. stockcharts.com[r,a]dhclynay[pb50!b200][iUb14!Lp14,3,3!La12,26,9!Ll14]&pref=G