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

To: michael97123 who wrote (55923)	11/19/2001 4:22:48 PM
From: advocatedevil	Respond to of 70976

ST - Trading FWIW, I'm risking the overnight hold here and am glad to see today's short traders walk away on the plus side . I didn't fare as well. Based on AMAT's close of $38.84, I gave up all the gains I booked earlier today plus a little and now stand: Short 4000 shares AMAT averaged at $38.47 Holding paper loss: $1,480 MTD Status (+$9,400 less -$1,480 = +$7,920) AdvocateDevil

To: michael97123 who wrote (55923)	11/19/2001 7:34:32 PM
From: kdavy	Read Replies (2) \| Respond to of 70976

Mike, My original plan was to start buying after 15 dec. I still think until then we are not going any where. In this market for next few weeks both AD and I have equally good chances of making money. We just have to play opposite sides. I do better when I play long.It appears that we will be stuck in a range for a while. What that range will be is not clear. Amat is trying to find a trading range before it starts another upleg. My plan is to start accumulating stocks for the next trade. If the stock goes down I will keep adding shares for each point drop. I may buy a large amount if the stocks drops 3 to 4 points in a day otherwise will keep adding small lots. I am about 65% in cash. Holding some Itwo and amat leaps. If amat reaches 35, Nvls 35, lltc 35 and mxim 45 I will go on margin and buy whatever I can. We may not see those numbers for a while. kdavy PS: I look at the charts and fundamentals but most decisions are made on gut feeling and watching the ticker.