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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: advocatedevil who wrote (61038)2/28/2002 4:25:09 PM
From: Sam Citron  Read Replies (2) of 70976
 
AD,

Glad to see the mojo is working for you again. <g> Thanks for your insightful comments. I'm not suggesting that you modify your trading style. I'm merely trying to get a better understanding of how you make your trading decisions. Primarily, as I have indicated, I thought that most scalpers simply follow the underlying trend. But you seem to have a knack for spotting changes in the very short term trend rather than simply following momentum. It's obviously a successful formula, i.e., it has produced good profits, so I wouldn't change it.

Can you give an example of how certain action in the NAZ or SOX might influence how you trade AMAT? If they tend to trade in lockstep with AMAT ST, what is the point of following them, unless it's an arbitrage play on the infrequent divergences?

Sam
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