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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (8619)	7/25/1998 9:51:00 AM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 13565

My target was 117/8 for the past 2 months. I was busy doing other stuff and missed it. Now that it broke support (111/8), I am wondering if it could go lower until good news comes along. It may trade with the general markets which, presently, are trending down. Technically these stocks tend to double bottom. Thus my new target is 111/4 for my first position. Esst, S3 and numerous other companies, after breaking support, went much further down (4-5 range). I know one person in the company and believe Atml is stronger than the above mentioned companies. But support is broken and there is no guarentees it will not break allot lower depending on Asia and other general market conditions. What will reverse today's trend? STeve D/