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Politics : Formerly About Applied Materials
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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To: advocatedevil who wrote (55243)11/8/2001 4:09:56 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
ST trading:

Looks like you got out, with small losses. Now, you're going to feel dumb if today was the ST peak, and we go lower next week. But it was still the right decision to cover, given that the stock went the wrong way after you shorted, and (briefly) poked it's head above resistance. We are still sitting on the knife-edge, and we could still go back to the 40-50 range. I think, with today's selling, I am just about done doing anything for the rest of this year. Don't want to do any more selling, and can't find anything to go long with (at these prices), and don't want to short into this re-inflating bubble. Besides, I'm exhausted. I need to go skiing, and then spend a couple of hours in the hot tub. Make that a couple of months.
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