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


To: The Ox who wrote (11138)8/22/2003 4:21:28 PM
From: Return to Sender  Read Replies (1) | Respond to of 95663
 
Michael, I'm short a couple thousand shares of AMAT at 18.06. I'd like to get out of that without taking too much of a loss but I'm not upset about anything really concerning that at all.

I get a little too heated about defending my technical, fundamental and sentiment analysis but today was a nice reversal day. Today restores my faith.

I'm looking over charts today. Lots of charts which start in this post:

investorshub.com

I think we saw a short term top today. These charts will tell me when the next bottom forms. I don't know where or when it will happen but today's action increases the chances that we will see more profit taking next week leading to another higher low in the market.

Yes I am hoping to go long soon because I agree that things are looking better for the industry.

I think we have a fundamentally overvalued situation here but it can get more so.

JMHO, RtS