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

To: Sam Citron who wrote (61701)	3/7/2002 9:29:00 PM
From: Robert O	Respond to of 70976

Sam that's a great question because it sure seems like price seems to move down in a much quicker fashion than stair step up. it may just be the 'mood' of market over last years. I literally almost can't remember the good old days of a bull market but if I do remember right AMZN used to open up 3 points and sky rocket from there almost every day... except days a split was announced and then multiply each figure in my example by 3 <gg>. I guess what I am getting at is while AD may seem to play a VERY short term game, the overall 'tone' of the market helps his each and every play which are mostly shorts except the 'obvious' times when the market is euphoric on macro news or very specific and very positive Semi news. All food for thought... especially if we enter a bull market in earnest and see AD trade as profitably from the long side. The hypothesis will be proven! RO