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

To: michael97123 who wrote (45462)	4/16/2001 3:23:18 PM
From: Jacob Snyder	Respond to of 70976

ST trading: SOX rally looks like it's fading. That rally consisted of a few gaps up at the open, and we didn't do that today. No big volume upmoves. Lots of semis and semi-equips stalled at resistance last Thursday, and didn't break through today: resistance: amat at 50 nvls at 48 txn at 36 jnpr at around 50 mu at 48 also msft at 62 (not a semi, but still a bellwether) Definition of bellwether: male sheep that leads a flock; also, indicator of a style or trend. LOL, which one applies to MSFT? Anyway, I bought more NVLS puts today (2002 50s). My limit sell orders to get out of long positions, (in MSFT, TXN), weren't quite reached. I'm hoping for one more flat-to-up day, one more day of bumping up to resistance, to get out of those positions. Volatility ought to continue, with all the earnings news, economic indicators, coming out soon.