Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.15

+1.1%

3:59 PM EST

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To: Pat Allen who wrote (12692)	12/5/1997 5:51:00 PM
From: Tito L. Nisperos Jr.	Read Replies (2) of 70976

Pat, Although I've not been saying anything, I've been watching your trading moves. I can learn from your quick moves; my wife usually chides me for my turtle-like selling moves...Selling as the stock begins to turn down from a spike-up in the morning (especially when there's a Gap to the upside), then buying back as the stock settles down during the middle hours of the trading session, then selling again at the spike up as the close of trading nears and buying back after the stock turns down just a few minutes before the close---I've been toying with that idea for Day-trading; I'm glad you're giving as a demo of this... Meanwhile, I'm still holding the stocks bought last week at 32 3/4 in my wife's IRA and 33 9/16 bought yesterday in a joint account with my wife. I'm gunning for weekly trades where the Hi-Lo spread is about 5 dollars for a period of 1 to 5 days. Later, I'll do Day-trading stocks (I've been doing Options) to drive away the boredom caused by the stock's languishing near the bottom...I'm long with LEAPs and other Options, so I'm not afraid missing the stocks huge move to the upside later.

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