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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (43146)	3/5/2001 9:14:28 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

Jacob, I am pretty sure you just posted a chart of csco. And I think you used a 30 month moving average. csco is not amat. A 30 month ma, is not a 30 week ma, it is a 30 month ma. Nor is a 30 month ma, the same as a 200 week or 50 month ma. But you knew that. None of this changes your point that ta is voodoo. And I understood your position already. My position is that I went long 3x now at 38, 41 and 42, and posted those positions and covered my short positions last week. By the way, you are right to be cautious. This is as dangerous a moment as I have ever seen in the stock market. The nas is threatening total collapse and has dropped 3000 points. It could get a lot worse. You should probably short more.