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Politics : Formerly About Applied Materials
AMAT 292.20-1.2%3:59 PM EST

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To: michael97123 who wrote (50658)8/16/2001 10:39:39 AM
From: advocatedevil   of 70976
 
Mike, I covered primarily for two reasons: 1) I was within my short-term goal range of +5% to +10%, and 2) I don't want to risk booking a win with Dell earnings coming out tonight.

Dell could easily go either way IMO (regardless of what the rest of the sector is indicating) and as a result could move the market. If they bring positive news and the market moves up tomorrow, it may set up another short play opportunity, so I booked the win and live to play again.

I continue to believe the SCE sector will move lower over the near term.

AdvocateDevil
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