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To: Galirayo who wrote (135634)8/15/2006 3:27:31 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Again, I note AMAT in AH today. KLAC will be affected. Does AMAT pull a CSCO (but in this case dragging the weightier semis higher) or does it drop hard like ADI? I dunno. Certainly today is the most bullish day we've seen in a long time, and I don't honestly see any reason it can't continue. But I suppose there's always a reason. I do think it's clear that we haven't started a meaty downmove this week!

How about that QCOM, btw?



To: Galirayo who wrote (135634)8/15/2006 3:30:41 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
KLAC...I've been posting about that, rayo...Heavens..you mean to tell me you don't read ALL my posts !!......sigh....LOL

Ray, I called that a bearish descending triangle........flat line on the bottom...upper line/boundary pointing up..Posted just today that it might be on the way toward that upper line again........before any downturn....


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