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Politics : Formerly About Applied Materials
AMAT 338.53+1.8%2:42 PM EST
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To: Ian@SI who wrote (46295)5/5/2001 11:32:58 PM
From: Jerome   of 70976
 
Good Article, but a 15% stop loss in AMAT ( From 58 to 60) would carry an investor right to the bottom of the trading range. But if you happened to catch AMAT and NVLS at the bottom of the current trading range another 15% down would appear unlikely.

I give him credit for having a plan and sticking to it. His November peak is something else to ponder. In one respect he might be right. If the economy does not show signs of a recovery by that month, then the stock market may take a very negative view of things in general.

Thanks for posting it.... Jerome
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