Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.89

-1.2%

Dec 31 3:59 PM EST

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To: Sam Citron who wrote (58594)	1/10/2002 8:49:22 PM
From: advocatedevil	Read Replies (1) of 70976

RE: "So you are short 5,000 @ 43.79. You still have an equivalent amount of unspent ammunition for scalping. Much better than your position last time you were caught in the headlamps. Is excessive loss aversion causing you to hold short positions overnight against your better judgment?" Sam, Sorry for the delayed response. Other priorities have kept me away from the thread lately. Yes, I'm still holding my 1/3 short play (short AMAT 5,000 shares averaged at $43.79). It was looking pretty ugly yesterday when AMAT touched $48. I feel much better tonight here at $46. In any case, to answer your question: "Is excessive loss aversion causing you to hold short positions overnight against your better judgment?" Yeah, probably... that and ego... (but who knows, maybe I'll get lucky again). AdvocateDevil

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