AMAT YoYo Demo —- Well, what I didn't want to happen happened. AMAT continued its decline down to –40% from the Landing Top. The whole Market has no strength to get out from the hole. I'm afraid we'll stay low until Oct or after the election.
Everything is screwed up. Before, we just have to contend with Paid Analysts who see to it that the Market stayed down by reiterating their downgrades every time the Market threatens to go up. They can indirectly downgrade AMAT by giving negative comments on another tech stock and vice versa.
The Government is of no help by reiterating their warnings about terrorist actions by saying “ … it may happen today, tomorrow or never, who knows … ” They keep on reminding us not to forget how to get scared.
Then, when the Market starts recovering again, comes another announcement of another Company being investigated.
… and the Cheats don't get punished —- they're still enacting Laws in congress in order to jail the Crooks.
Oh, how I wish we go back to the 1990s! ….
It's really tough for the guy who makes an honest living in the stock market. Good for the well dressed Crooks …
EXPIRED 7/20/02 @ 0.00/sh AMAT 10 Calls Jul 20 Bought 6/4/02 @ 2.55/sh … LOSS = -2,550
EXPIRED 7/20/02 @ 0.00/sh AMAT 20 Calls Jul 22.5 Bought 5/30/02 @ 1.80/sh … LOSS = -3,600
EXPIRED 7/20/02 @ 0.00/sh AMAT 20 Calls Jul 22.5 Bought 5/6/02 @ 2.90/sh … LOSS = -5,800
EXPIRED 7/20/02 @ 0.00/sh AMAT 40 Calls Jul 25 Bought 2/14/02 @ 2.80/sh … LOSS = -11,200
EXPIRED 7/20/02 @ 0.00/sh AMAT 20 Calls Jul 25 Bought 4/18/02 @ 3.50/sh … LOSS = -7,000
EXPIRED 7/20/02 @ 0.00/sh AMAT 20 Calls Jul 25 Bought 5/15/02 @ 3.60/sh … LOSS = -7,200
EXPIRED 7/20/02 @ 0.00/sh AMAT 10 Calls Jul 17.5 Bought 6/21/02 @ 2.40/sh … LOSS = -2,400
EXPIRED 7/20/02 @ 0.00/sh AMAT 10 Calls Jul 17.5 Bought 6/20/02 @ 2.70/sh … LOSS = -2,700
EXPIRED 7/20/02 @ 0.00/sh QQQ 20 Calls Jul 24 Bought 6/21/02 @ 2.70/sh … LOSS = -5,400
7/21/02
Total Gains/Losses thus far: ---
AMAT Gains: —-
… LEAPs and other Longer Term Options = - $4,374 … (-2,550 –3,600 –5,800 –11,200 –7,000 –7,200 +32,976)
… One Month and other Very Short Term Options = $21,550 ……. (-2,400 –2,700 +$26,650)
QQQ Losses:
… One Month and other Very Short Term Options = - $12,100 ……………… (-5,400 –6,700)
Other Non-AMAT Gains or Losses = still to be realized
Sadly to say, before, it looked like this: —-
6/22/02
Total Gains/Losses thus far: ---
AMAT Gains: —-
… LEAPs and other Longer Term Options = $32,976
… One Month and other Very Short Term Options = $26,650 ……. (-4,000 -3,100 -5,300 +$39,050)
QQQ Losses:
… One Month and other Very Short Term Options = - $6,700
Other Non-AMAT Gains or Losses = still to be realized |
