Rayman.....
I looked at AMAT also this morning, but with earnings due out next Tuesday I decided there is too much risk of a warning, or some negative analysts' comments, but most of all from the actual earnings report and guidance. I decided to stay away from the group with the exception of CYMI and possibly CREE. I think lower guidance out of AMAT is almost a certainty, but I have been negative on the group for a while, now.
Just my opinion, though.
Good luck on your trade.
mlsoft