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


To: advocatedevil who wrote (57378)12/13/2001 11:58:03 AM
From: kdavy  Read Replies (1) | Respond to of 70976
 
ST trading:covered 100 amat calls @ 0.50 anqli
Sold at 1.30 earlier this week.
kdavy



To: advocatedevil who wrote (57378)12/13/2001 12:10:04 PM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
If she returns to test $42.70, I might cover to break-even and look for a better price [to go short again]

Here is where I just don't understand your tactics. If the market punishes you and goes higher you will try to get out of this trade at breakeven and look for a better price to short, suggesting that you will refuse to believe that the ST trend has turned back up?

What have you got to lose by trying on the horns right here except your preconception that AMAT must go lower right here and now because business currently stinks?

Sam