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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (113670)	2/15/2005 3:14:20 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

I must say, there's some more rather bullish developments in semi-land, imo. AMAT today recaptured the 200 dma for the first time since April 2004, and doing it while up volume far exceeds down volume. Even indicator soup is doing some bullish stuff. ADX, for instance, is now turned up on S+P, implying this is a trend. On the Naz, the buy line has crossed the sell line, as it did shortly after the August lows. MACD in techville approaching the zero line and heading up, too. (here, Ray: stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G) Obviously, this can all be given up, particularly with AMAT in AH and Greenie on the hill, but I don't find a lot to be bearish about here in the S+P and SOX charts, at least. Banks remain "under pressure." the freep