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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (4172)	1/3/1998 8:02:00 AM
From: Robert Schling	Read Replies (3) \| Respond to of 10921

Kevin, Hello and happy new year. The AMAT chart pattern is getting more interesting by the day. We now have increasing price on declining volume after a large selloff. We may have to discount the fact that we had mostly holiday season trading days. Williams%R is at in overbought territory (very reliable at calling short term tops in AMAT). If the 30/31 resistance holds, I'm adding to my options position. I have started to build positions in the DD industry (suppliers RDRT and KMAG). YHOO is on my watch list for a technical breakdown, since it's sitting right at the top of its trend channel. Are you watching anything in particular? The upcoming earnings season should be interesting... Robert