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

To: Proud_Infidel who wrote (47418)	5/30/2001 11:21:54 AM
From: kdavy	Read Replies (2) \| Respond to of 70976

Well for traders there are always opportunities. Looking at pnf charts. NVLS has broken the bullish support line and a double bottom at 47. Therefore, we should buy only if it reaches some kind of support level (what that may be is an open question). Time for put buying, writing covered calls or shorts. We may see 30's soon (That's what I infer from the chart). stockcharts.com Amat chart shows double bottom at 49 and bullish support at 47. If these are breached then we are off to high 30's. Look at the charts and draw your own conclusions. I am not buying yet for trading. Check out your favorite stocks. stockcharts.com kdavy PS: If your play it right there is always money to be made. Account A: 90% cash, Account B: 100 percent long (for writing covered calls amat, nvls, lltc, mxim)