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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: advocatedevil who wrote (59798)1/31/2002 3:14:04 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
ST trading:

I'm watching the market and AMAT go into the close strong. There seems to be a pattern, that whatever direction is established by an hour before close, continues into the close. Also, there seems to be a pattern, when AMAT has closed strongly in one direction, to give some of it back at the next open.

So, I'm thinking of selling my ST AMAT position into the close, if I can get a price above 44. Then, buy back in increments, at 43 and on down.
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