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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (312)2/3/1998 5:00:00 PM
From: Judy  Read Replies (2) of 34816
 
Jan, I took a partial long on AMAT at 26ish and am using current strength to buy cheap protective puts for the future, and will add to my long position aggressively if AMAT breaks thru its bearish resistance on heavy volume.

Just decided that the sentiment and momentum was strong enough to make AMAT an attractive trade, panic buying by the funds can go a long way. At this market juncture greed is now stronger than fear.

btw, do you mostly trade rather than invest?
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