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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%Dec 1 3:59 PM EST

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To: Gottfried who wrote (27613)1/7/1999 3:49:00 PM
From: Math Junkie  Read Replies (1) of 70976
 
One approach to deciding when to sell would be when orders make new highs. You might not pick the top, but in a sector this volatile, you could still make big money.

Another indicator is when AMAT splits. This would have worked for the last two peaks, but I haven't checked farther back.

A third indicator is when the Monday San Jose Mercury News shows a large number of semi equip execs selling.

Of course, there's no law that says you have to sell it all at that time. Another approach would be to sell half every time you double your money. That way you're "playing with the house's money."

As a matter of fact, a strategy where you double your holdings every time the price drops by half and sell half every time it doubles might work out rather well, in the long run.
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