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Politics : Formerly About Applied Materials
AMAT 307.20+2.0%3:59 PM EST

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To: advocatedevil who wrote (55570)11/14/2001 4:45:40 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
ST trading:

Another close above 40.
Today's high took out the 11/8 high.
The ST trend is up.
The MT trend is flat or up.
The LT (since the all-time high) trend is ??????
The very-LT trend is, as always, up.
The trend of the market and sector is up.
No trends are definitely down.

You're fighting the trend(s). Doing it very skillfully, but, at this point, I wouldn't short until 50. Which, if we get some unexpected good news, could happen by Friday.
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