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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: cblranch who wrote (11444)	7/6/2001 10:57:11 AM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

Brad, if we don't see a short term bottom today, then it's Monday. I'm buying for a ride up in the next 2-3 weeks. Covered a portion of CCMP in the 54s, sold some covered puts, still net short on that one. I expect to hit it hard again later. Started a buy on TKLC at 17.7. Regards, Tom

To: cblranch who wrote (11444)	7/6/2001 11:02:27 AM
From: Paul A	Read Replies (2) \| Respond to of 19633

Carl- Tom has been alot more tolerant then me with CCMP, but I would bet that its worth holding at this point considering that earnings are just around the corner.. Just as semis held the market up over the last few weeks, they seem to be whats driving things down here- and I still think out of all the sectors, this is the true over priced group. Im upset CCMP didnt get back into the mid 60s, and IM seriously considering hitting it this afternoon if I can get it a bit higher.. One day soon CCMP has to break that 54/55 area with conviction and thats when all the pain in the ass momentum traders will run for cover and it will plung right past the 40s.. I hate CCMP.. can you tell? : ) hey- is it Carl or Brad? (!)