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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (48640)	3/8/2001 3:22:24 PM
From: KevinThompson	Read Replies (1) of 57584

Yep foiled here some also. I'm short AMAT, liking it as a "reverse plateau" play. hehe. Looks to be bumping into resistance at around 50. I can see no logical reason why it would advance in this climate, even with press coverage of new sales. OTOH though, it is showing remarkable strength trading in a tight range. But, as stated before, just like for longs going the other way, I'll be quick to jump - if it clears the up plateau. Some low PE babies holding up ok. KT

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