ATMI-THE NEXT AMAT? Message Board

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Technology Stocks : ATMI-THE NEXT AMAT?

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To: LzzrdKing who wrote (163)	7/25/1997 12:44:00 AM
From: LzzrdKing	of 677

I bought today as well. HQ is selling some stock and that is putting the pressure on. Stock held 50 day today, which is critical. We shall see how it goes. If I was an investor I would hold on for sure, but I am a trader. If it breaks the 50 dma I am out. There have been a lot of shake outs lately, such as ORBKF. What I did there was get in too early at 33 7/8, only a half position however. It started to fall and broke the 21 day moving avg, at which point I sold at 32 3/4. Then it reversed at support and I rebought at 32 and doubled up at 32 3/4 on the way up. Sold all today at 34 5/8. Then rebought at 34 1/2 after it reversed off 34 and held over night, currently 36 1/4 on the offer, and going to break out soon, earnings 8/4 am. Moral of the story is that if you are nimble, you can take advantage of these shakeouts and make big bucks.

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