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Politics : Formerly About Applied Materials
AMAT 268.79+4.6%3:59 PM EST
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To: Paul V. who wrote (58590)1/9/2002 1:08:15 PM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
Paul V,
The magic number is 63. I don't know why the AMAT traders use 63 (or around that area) as the staging point when they finally decide to go to 100 and above. Maybe, when they reach 63, they find themselves closer to 100 than to zero --- so they just follow the easier, shorter route.
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