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

To: Jerome who wrote (53900)	10/6/2001 11:32:11 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Jerome, you said >The investment world has made a few choices of where we should be investing< In the winners that are up or the worst performers because they have more upside? Gottfried

To: Jerome who wrote (53900)	10/7/2001 4:56:23 PM
From: kdavy	Read Replies (4) \| Respond to of 70976

On Topic: Gerome, Yes your list of stocks is worth watching. The Friday behavior of Sunw surprized me. It is time when the market has started to discount bad news. The stocks with news already out may be good short term plays because their short term bottom is in. Last few years I had been very successful in short term trading. This year has not been so lucky. But we still have almost four months to go. Here is my goal for next three years. Only short term trading. Limit losses. Do not hold losing stocks. And double my money by the end of the year. Remember it is a goal, and chances are that I will accomplish it. But there is also a chance that I may not. Here is how I plan to do it. Focus on my key stocks which are Amat, Nvls, mxim, lltc, altr, xlnx, sunw and orcl. I may trade imnx, genz and bgen. Most of the emphasis will be on mxim and amat. Will buy at a 10% drop with a 1 or 2 point stoploss, sell after 15 to 20 percent rally. Will follow PNF graphs. If fall below support levels then wait till a turn around. Last year, from october to December I had doubled my portfolio after dropping sharply in August and September. I will try to post as many trades as I can. Please do not copy my trades because it is not a recommendation. On 31st December if I accomplish my goal then we have a party at Michael's place. I will by beer. Wish me luck. Kdavy PS: right now I am holding Mxim (30%), amat (22%) and Sunw (15%) rest is all cash. I have sold lltc, altr, xlnx,nvls to take tax loss against earlier gains. I will start trading these after Oct. 25 PPS: If market goes up on Monday I will start selling my holdings. I will also sell them if they go down more than 5%