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


To: advocatedevil who wrote (55746)11/16/2001 3:11:34 PM
From: michael97123  Respond to of 70976
 
Anyone know what going on with jdsu?



To: advocatedevil who wrote (55746)11/16/2001 3:12:34 PM
From: daryll40  Read Replies (2) | Respond to of 70976
 
AD, I sent you a private Email thru the SI filter...I don't know if you got it???



To: advocatedevil who wrote (55746)11/16/2001 3:27:51 PM
From: Jacob Snyder  Respond to of 70976
 
It'll be time to go back to LTB&H, when most have given up on it, and are convinced that all rallies will fail, and the only way to make money in the market is ST trading. Practically by definition, sustainable rallies only happen when most investors don't think they are. Just like market tops happen when the maximum number of investors say they are LTB&H, and margin buying is at a maximum.



To: advocatedevil who wrote (55746)11/16/2001 3:36:36 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
ST trading:

Another day, another failure to make a decisive break above 40. This is beginning to make a believer out of me. Maybe those rallies over 40 were just headfakes, just high enough to get shorts to cover. Every day of non-decision increases the odds that 40 is resistance.

I'd be happy either way. If 40 is resistance, I'll start buying back at 35, and will likely get at least a few buys. If we finally break out, and 40 is support (again), I'll just hold what I have (lots bought at 27.5 and 30). Maybe go back to trading the 40-50 range. If I do start doing that again, I won't get completely out of the stock, as I did on all the rallies up to September. That is, what I now hold is moved out of the ST pot, into the LT pot, the first time any AMAT has been in that pot, since January 2000.