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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: 16yearcycle who wrote (24319)9/15/1998 6:11:00 PM
From: Ramsey Su  Read Replies (1) of 70976
 
Eugene,

You know that I have never posted my trades here. Just think it is not of interest to anyone.

Since you are so open with your actions, I will let you in on the secret of trading AMAT. Every time I see a bullish post here, especially from Brian, I short 100 shares. Having started when AMAT was around 33 - 34, I now have over 10,000 shares short. I will keep shorting until the absolute bottom. Where is the bottom, you may ask? The bottom is when Brian throws in the towel and sells his shares.

Needless to say, only a fraction of the above is true. You will have to figure out which part yourself.

Seriously, I think you made a fairly safe bet. AMAT tried to rally a number of times the last two days. The result was lower highs and lower lows on two days when the NASDAQ headed up. I am not a TA expert but I think AMAT is breaking down.

Ramsey :)
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