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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (4344)6/29/1999 12:02:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
I'm now short AMAT from 69. This may be a longer term hold as the market makes up its mind what to do...but it does seem like every time price gets near 70 it backs off dramatically. Must be something about the valuation at that level that brings on the downgrades.

Target = 55-58. Stop loss at 74

TC.