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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: Robert O who wrote (21348)7/10/1998 12:48:00 PM
From: Paul V.  Read Replies (1) of 70976
 
Robert, >Loaded up on puts thinking AMAT would miss earnings number last time. You know the tale, price shot up (incomprehensible to me!) and in short order (no pun) my entire position was down over 85%! Since all seemed lost I just stayed put (ugg) and finally mrkt came to its senses.<

It appears that when we think AMAT will zig it zag's and when we think it will zag it zig's.<g> It is hard to plot. The DW procedure does help to some extent in helping me to buy additional shares on the swings. But the timing is something else.

My $.02.

Paul V.
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