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Politics : Formerly About Applied Materials
AMAT 259.08-4.1%3:59 PM EST

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To: Proud_Infidel who wrote (12557)12/2/1997 1:04:00 PM
From: Tito L. Nisperos Jr.  Read Replies (2) of 70976
 
Brian, based on my studies, the stock goes higher 3 to 6 days and then goes lower in the same number of days or lesser. Often, the best time to buy is at 12:00 to 1:00 PM when traders are at lunch and the best time to sell is near the opening and near the close...A spread of 5 dollars gives you 500 bucks for a 100 share trade. 5 trades like that and you get back your capital for say a 100 share bought at 35 ---as the stock Yoyoes from the high 30s to the low 30s. If the stock Yoyoes from the high 20s to the low 20s, you can still trade for a profit---a 5 dollar spread will still give you 500 bucks each round-trip trade.
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