Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.92

+3.1%

3:59 PM EST

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To: daryll40 who wrote (55110)	11/6/2001 11:55:15 AM
From: advocatedevil	Read Replies (2) of 70976

Daryll, When I use the term "pressed" I am indicating that I have added to an existing position. That position could be either short or long, and the amount of the increase could be any amount. Typically, I initiate AMAT and LRCX short plays in 1000 share lots and "press" them in 1000 share increments. I believe the term is more a gambling related term, and for myself, probably reflects a younger period in my life where I spent a great deal of time at the tables in Tahoe, Reno and Vegas. AdvocateDevil

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