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

To: Tito L. Nisperos Jr. who wrote (45761)	4/22/2001 11:54:05 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Hi Tito, I'm still studying your post, but here's what might happen dailynews.yahoo.com Gottfried

To: Tito L. Nisperos Jr. who wrote (45761)	4/23/2001 12:31:26 PM
From: kdavy	Respond to of 70976

Tito, thanks for sharing your method. My plan for making money is nothing new. It has elements borrowed from your analysis, Jacobs, Cary, michaels and many others. Rule number one: Minimize the losses ( we will lose money some time, we will make money other times.) Here is my plan. Amat closed at 56.3 on Friday. 10% drop is about 51, 20% drop is about 45 and 30% drop is about 39. I will start buying at these points with 10% of my capital, 30-40% of my capital and , 100% of my capital, respectively. Each of these purchases will have a 2 point stoploss. Therefore, maximum amount I might lose will be about 6 points. I would still have most of my money. If it starts to rise then my selling points will be 10% with in a day or wait till 20% rise. If stock value goes below 30 % drop then watch like a hawk, buy whenever it is 2 points above the local mimimum. Time is not a factor for my trading. PS: I have learned to take limited losses gracefully and I am trying to control the greed factor. Kdavy