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Politics : Formerly About Applied Materials
AMAT 306.17+1.7%11:00 AM EST

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To: Sam Citron who wrote (62355)3/26/2002 3:45:00 PM
From: advocatedevil  Read Replies (1) of 70976
 
RE: "I'm curious as to whether your ST trading bias has shifted away from the dark side now that you are no longer hedging a substantial LT long position."

FWIW, right now I remain short-term bearish (maybe 1700 NAZ over the next 3 or 4 weeks). I'm of course constantly reassessing, but today I could be talked into a bullish bias beyond that into June. As far as AMAT is concerned, I continue to believe it's overvalued, but as we all know, that doesn't mean it won't continue to trade higher! I'm currently thinking to the dark-side short-term down to perhaps $48 or so and then would likely be looking to reverse course. BWDIK!

AdvocateDevil
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