Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 254.72

+0.9%

Dec 1 3:59 PM EST

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To: advocatedevil who wrote (61684)	3/7/2002 3:18:21 PM
From: Jacob Snyder	Read Replies (1) of 70976

ST trading: Looks like another close above 50, and this time no dip below 50, all day. Still no definite decision, on whether 50 is going to be support or resistance. If it becomes support, the stock will take off at some indeterminate point, after forming a firm base at 50. Keep those stop-losses tight, with your 5000 short shares. Right here, with the stock sitting on a knife-edge, where it could go fast either direction, seems like a dangerous time to be ST trading.

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