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

To: Gottfried who wrote (56949)	12/5/2001 1:27:32 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

My best response would be to say, "Looking at the first chart, here the largest gap up days 12th, 23rd, 29th had volume almost twice the day before. That is what I want to see before I back the truck. I moved back to 50% cash today. On the second chart today was the average and not twice the average / day before. But this chart is show as you have suggested, after the first of October we are seeing higher highs and higher lows. Are you saying the rise today lacked conviction? Big money has not stepped up to AMAT yet. The guy upgrading Brooks and others said, "AMAT was a little to pricie". The 10 minute chart shows a good rise near the end. This was the shorts covering, at least some. So you use Thomson I-watch to go with the institutions? How exactly does that work? You buy after a heavy institution day? Yes. alot of my trades are actually in afterhours, watching the day's volume and the institutes involvement. Now take this veiw, stockcharts.com[w,a]daclyymy[pb50!b200!d20,2][vc60][iUb14!Lk14] Here if you were to take 9-11-01 data out the actual trend is still down. I use the Williams R% with anything above -20 is a sell signal. And finally the BB has the stock bouncing off the top, another sell signal. If someone "AD" shorted everytime the stock hit the top of the B Band and then bought 3-5% less, he would have done pretty well. Here too, shows a down trend in tack. stockcharts.com[w,a]waclyymy[pb50!b200!d20,2][vc60][iUb14!Lk14] BWDIK. Stan

To: Gottfried who wrote (56949)	12/5/2001 1:47:09 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

FYI, I didn't buy into the April 2001 run up. As I mentioned back then, I went from 100% stock in early April to 50% cash in late of April. Good luck. Stan

To: Gottfried who wrote (56949)	12/5/2001 8:48:29 AM
From: Jerome	Read Replies (1) \| Respond to of 70976

Ideas for shorting... I would think that if I were to short AMAT I would try to put the odds in my favor. 1) stay away from Monday's and Friday's 2) Short on the third consecutive strong up day. (for AMAT or NVLS) 3) Limit short positions to the middle of the month, where new directions are uncertain. 4) Short positions can only be temporary whereas long positions can be of a long duration. 5) Watch the vol. on AMAT and other leaders. Watch up coming news events (like INTC's mid quarter conference call today) Be nervous about it all....get in and get out because this is a bullish market. Ignore any advice from posters like me....) Regards, Jerome