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Politics : Formerly About Applied Materials
AMAT 261.28+0.8%3:59 PM EST

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To: Berk who wrote (61755)3/8/2002 1:04:59 PM
From: Jacob Snyder   of 70976
 
I have a lot of sell price targets that are hitting or almost hitting, for a number of stocks, and I want to step to the sidelines, but slowly, to take advantage of this rally. I'm incrementally raising some of my sell targets a bit.

On this last dip, I went from 35% cash, to using a bit of margin. Now I'm raising cash. Tentatively, I plan on being back to 30-40% cash at around Nas 2300 (testing May 2000 high).

Currently, selling:

AMAT at 50 (already happened), 55, 60, etc.
CMH at 17.5
CSCO at 20 and every $1 up from there
EMC at 15 (may have to lower that, EMC is looking very weak)
QCOM at 50

Buy low.
Sell high.
Repeat.
Repeat.
Repeat.
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