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Strategies & Market Trends : Strictly: Drilling II
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To: GTC Trader who wrote (12618)5/19/2002 5:29:25 PM
From: waverider  Read Replies (1) of 36161
 
Yeah, I know. Trading is an excelllent way to make some money. But for me, the longer term thing is more realistic...as long as the trend lasts.

AMAT may break above 28 just to wash out the shorts as everyone is looking at the same chart. That said, I think 25.50 is a nice quick downside target, then retest of May 3 low of 21.65. As with any short, I'd be quick to pull the trigger.

wr
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