Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.79

+4.6%

3:59 PM EST

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To: Math Junkie who wrote (47520)	6/1/2001 6:25:08 PM
From: Tito L. Nisperos Jr.	Read Replies (2) of 70976

RE "Your first thought is usually the correct one." Looks like that would have applied to your initial plan to sell at 52, Yes it's true! Most of my successful moves are Instinctive. Let me rewind what happened, no calculations involved just the best guess on the Targets: --- Target = 56 --- the stock hit the Highs for 3 successive days with 56.85. 55.80 then 56.56 never getting higher than 56.85 until I set another target at 58. Then the Highs for 2 successive days were 58 and 58.49. The other day while the stock was threatening to go down to 47 and it seemed everybody was resigned to it --- suddenly I started buying with a target of 52! I don't know, of course the traders are not reading my posts that they find it good to follow my guidelines... or did I stumble into something while doing Humorous Posts? I guess I won't change what I'm doing (don't fix if ain't broke) while something good is happening --- for the benefit of the Thread ...

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