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


To: Sam Citron who wrote (61669)3/7/2002 11:47:00 AM
From: advocatedevil  Respond to of 70976
 
Gotta run right now. I'll get back to ya later. I'm gonna let my short play out blind here - Uh Oh! See ya.

AdvocateDevil



To: Sam Citron who wrote (61669)3/7/2002 12:32:55 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
RE: "Mind if I ask why you took the short position at yesterday's close and assumed the risk of the overnight hold?"

Sam, Bottom line: the play was more of a gamble than anything else. I feel AMAT is destined to at least move back to $49 and change over the near term (even if only for a brief moment). Since I believe that, I don't mind holding a short play anywhere here - (hopefully) I either book a quick win, or I book a not-so-quick win.

AdvocateDevil