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To: Sarmad Y. Hermiz who wrote (2596)11/8/2002 12:32:47 PM
From: Sam Citron  Respond to of 13403
 
AMAT S 500 15.63. MT Breakeven play. I have 1,600 coming my way in January on my short put position at around current levels, unless she goes over 20. That's enough for me for the time being.



To: Sarmad Y. Hermiz who wrote (2596)11/8/2002 12:35:39 PM
From: Sarmad Y. Hermiz  Read Replies (5) | Respond to of 13403
 
NSM bot 600 @ 13.40
TXN bot 500 @ 14.70
INTC bot 400 @ 18.15
WDC sell 3000 @ 7.30. To pay for the above.

Hopefully my faith in chips is not misplaced.



To: Sarmad Y. Hermiz who wrote (2596)11/8/2002 1:01:34 PM
From: advocatedevil  Read Replies (1) | Respond to of 13403
 
OT - RE: "I've been meaning to ask. Just how does a stock like AMAT get toppled so easily, then rise again so fast. Is it the shorts spook the longs into selling, or what ?"

Sarmad, Take a quick look at today's intraday comparison chart of the SOX and AMAT. They pretty much move in step. Hard to say who's leadin' who, but I guess the point is that AMAT isn't bouncin' alone.

AdvocateDevil