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


To: Jacob Snyder who wrote (43272)3/6/2001 10:52:07 PM
From: 16yearcycle  Respond to of 70976
 
Jacob,

I will accumulate all I can when the 200 week is touched.I will also buy shorter term calls when the 30 week is broken, big, on volume. I don't care what price that is. The same thing works on the downside. 80 looked cheap a few months ago, but bailing then was the right thing to do.

I don't think the 30 week will come into play soon.

I would think it won't happen until the nas has passed over the 200 week, and is no longer in a bear market.

These are the same things I have been saying since October.

Good luck on your shorts but I doubt you will need it, as long as you don't overstay your welcome.

Edit: I see that the 30 week is right around 53! Anyone shorting today at the peaks will do really well, because I don't think there is anyway way we break through yet.



To: Jacob Snyder who wrote (43272)3/7/2001 4:32:55 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
When you place a stop on a short sale, do you keep it as a mental stop, or do you actually place the order? I'm wondering if getting taken out by the market maker is a realistic concern.