SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (56474)11/28/2001 9:12:59 PM
From: kdavy  Read Replies (3) | Respond to of 70976
 
Advocatedevil,

Here is my thinking and plan. I think the general trend will be with an upward bias. Each dip presents a buying opportunity. I will use this criteria until the trend breaks down. I am looking at the pnf charts.
stockcharts.com
Solid bullish support, higher highs and higher lows. If the trend reverses, I will wait for it to get back to the up trend. If in next few days amat does not go below 39, the trend is intact. If goes to 37, I may add some more. If goes to 35, will buy calls, leaps and backup the truck (with in next two weeks).

For upside, 43 is the current top. If it does not break 43 in a week, I will sell @42 or higher on the way down from 43. If tops 43 will hold and wait and see how high it goes.

I thing today's actions is not related to the semi's and sce. It is normal fluctation.

Well, that how my mind works.

kdavy