Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (19664)	2/25/1999 6:31:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

CRAMER!!! Only made 2 percent last year. Yikes!! And HE makes fun of Favors. Ha!! Bonds have peaked. M going higher.

To: Judy who wrote (19664)	2/25/1999 7:14:00 PM
From: Lee Lichterman III	Respond to of 42787

Well, I don't have a buy signal but I like it better here than before <g> My weekly sell signal has turned off for now and it is sitting on a support line although it could go lower (have to put the standard disclaimer in). Look at the chart on my site, I think I gave you the address in the past if not let me know and I'll PM you. I didn't put my signals on the weekly chart though. Guess I'll do that the next time. Here is what my computer says about AMAT today. Note the high volume diring the selling today though... L3's composite reading of Review of APPLIED MATERIAL (AMAT) as of 2/25/99 Open 67.3125 High 67.3125 Low 62.0625 Close 63.7500 Change -4.5000 (-6.59%) Volume Today: 15,418,700 shares. 77.59% above average. Previous Bar Current Bar Volume 84,983 154,187 MFI 3.46 3.40 The current bar on the APPLIED MATERIAL chart is called a squat bar. This bar shows an increase in volume relative to the previous bar, but the MFI is lower. The increase in volume indicates heavy activity, but the decrease in the MFI indicates that the market is unable to make any real headway. Volume increased, the trend has stalled and the price movement has stopped. This price action usually, but not always occurs prior to an important move in the opposite direction. I call this type of bar a squat bar because the market appears to be squatting prior to a breakout. Often, the breakout of such a bar will indicate whether this squat is a trend reversal squat or a trend continuation squat. Stochastic Oscillator Stochastic Oscillator(12,4): 67.3516 Summary There were no Stochastic Buy or Sell signals generated today. The last signal was a Sell 77 Period(s) Ago. A Bearish divergence signal was generated today. MACD Current Statistics Close: 63.750 Change: -4.500 MACD Value: 3.212 Signal Line: 3.684 The MACD can provide buy/sell indications in three ways, signal line crossovers, overbought/oversold conditions, and divergences. Crossovers Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 3 period(s) ago. Since the MACD crossed its moving average, APPLIED MATERIAL's price has decreased 6.51%, and has ranged from a high of 70.813 to a low of 62.063. Overbought/Oversold The MACD is not in an Overbought/Oversold range. Divergence There have been no divergence signals within the last 5 periods. Statistical Change from Volatility Previous period 10-period 76.2923 8.79 21-period 92.9914 0.32 39-period 89.8602 3.18 90-period 84.0436 1.00 Bollinger Bands are 2.48% narrower than normal. Directional Indicator Table Today's Value Previous Value +DI 24.000 27.000 -DI 23.000 14.000 ADX 29.000 31.000 ADXR 32.000 34.000 Summary The last signal was a Buy 93 period(s) ago. Chande Momentum Oscillator The current value of the Chande Momentum Oscillator is 15.6939. Currently, the CMO does not show an overbought or oversold condition. Alerts are triggered when the CMO crosses its 9-period moving average after being in an overbought or oversold condition which is above 50 or below -50. Relative Strength Index (RSI) The current value of the RSI is 52.64. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 30 period(s) ago. Commodity Channel Index (CCI) The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -52. This is not a topping or bottoming area. The last signal was a sell 5 period(s) ago. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of this expert or its contents.