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


To: Jacob Snyder who wrote (64208)6/4/2002 7:26:15 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
That's true Jacob, nothing is requiring me to buy those shares back, and if something unusual did happen to significantly change the outlook for AMAT, I wouldn't hesitate considering changing plans. As far as "sell the rallies, buy the dips" is concerned, well Yes, that's what I'm trying to do, both on a very short-term basis and a long-term basis, and both at the same time.

AdvocateDevil



To: Jacob Snyder who wrote (64208)6/5/2002 12:24:47 PM
From: advocatedevil  Read Replies (2) | Respond to of 70976
 
FWIW, I covered my short a few minutes ago (by buying back our long shares). I booked an -$1,120 trading hit in the process - not one of my better plays, but ya can't win 'em all!

Current AMAT status:

Long term bullish: Holding 3500 shares long
Short term bearish: Holding no position

(Because I simply replaced my own long shares that I "borrowed" from myself, I still consider my average long position share price to remain unchanged at just under $21.50. I will record the SS hit as a short term trading loss. Yeah, this may seem strange to most, but I was never all that conventional anyway!)

Just havin' fun and, uh, well, losin' money today anyway... oh well, there's always another play!

Gotta run, see ya,

AdvocateDevil