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Politics : Formerly About Applied Materials
AMAT 327.01+2.5%Jan 16 9:30 AM EST
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To: Proud_Infidel who wrote (21332)7/9/1998 10:51:00 PM
From: akidron  Read Replies (1) of 70976
 
Brian....... On shorting.... I do and have bought puts on AMAT, but its not for the faint-hearted because the overwhelming bias of the market has been and is to the upside. One day that will change but you would have to be very fortunate to get the exact date right. Now I have been lucky... I didn't lose my shirt, and on balance came away a little ahead, though nothing like the huge profits I made during Amats big 96-97 run. It is simply easier to buy cheap and sell expensive.
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