Tito, I have been having some luck lately trading AMAT. In the last week sold at 44.35, bought back at 42.25 three days later, and just sold today at 44.75 on a limit order.
Maybe options are a better way to go, let me know what you think about that. Shorting seems a bit scary, so probably not ready to join AD in that. There is risk AMAT checks out and I never get it lower of course. I am sort of going by probability. After a run up near resistance it seems likely it will at least retrace by a few points, down towards the next support level, but with earnings tomorrow, who knows. I may just try to get a point lower on the buy, still thinking. I agree with you, however, that AMAT tends to zig when one thinks it will zag, so obviously this is not as simple as it seems.
Thanks for posting your trade info, and also to others here who are sharing their investment decisions. I would post mine more often, but I am still a novice relative to others here on this thread.
Regards,
John |
