Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 228.68

+1.2%

Nov 17 3:59 PM EST

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To: advocatedevil who wrote (45364)	4/11/2001 6:58:48 PM
From: mitch-c	Read Replies (1) of 70976

ST Trading - Options Well, I got caught up in my day job and didn't pay attention this morning ... otherwise I coulda/woulda/shoulda. I also wasn't expecting such an extreme move, so I didn't have any GTC orders in. Oh, well. The lemmings who see JJ's "news" tonight will probably give me a second try tomorrow. However, I did dump half of the APR 45 calls later in the day, to reduce exposure: in at 2.75, out at 3.60, 24.3% profit after costs. A skim of the LAM news tells me to expect a bump up because: 1) Anticipated bad news is out, reducing uncertainty; 2) Someone finally took a WAG at visibility, again reducing uncertainty. I'll plan accordingly. Now, the fickle market gets to make me eat the plan. <g> - Mitch

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