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

To: Sam Citron who wrote (56110)	11/21/2001 2:01:01 PM
From: michael97123	Read Replies (2) \| Respond to of 70976

Think he is literally out to lunch at present.

To: Sam Citron who wrote (56110)	11/21/2001 5:10:20 PM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

Sam, I'm just now catching up on posts. RE: "With SOX now in the green and daily trend positive, how do you muster the conviction to extend your short here?" You touch on something that I believe is significant: conviction. It's easy enough to make mistakes and lose money in the market, but losing one's conviction is a sure fire way of blowing it IMO. It's difficult to hold a play that's going in the wrong direction, especially when the caution flags are out, but I think it's important to realize that timing a play is less important than determining the eventual direction of the stock. I still feel confident that AMAT is headed lower over the short-term, but it's clear I was in the minority today. That's OK, stocks go up and down along the way. BTW, I covered my short before the close because I didn't want to risk positive war news coming out before Friday. If it wasn't for that, I would have continued to hold the play. AdvocateDevil