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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (3406)	12/24/2002 11:06:17 AM
From: advocatedevil	Read Replies (3) \| Respond to of 13403

OT - I'm not followin' any specific self-imposed rules here Sam. With my last entry at $14.09 my position cost rose to 'bout $220K and I was sittin' -$5K down on da play. FWIW, my thought process was (and I really didn't give it a whole lotta thought!): I'm in good shape with $63K in "AMAT tradin' insurance" profits from November and earlier this month and I could book a big hit for $13K and still walk away, up $50K (Nice round number! not to mention that AMAT would have ta get over $14.56 to do that and I'm not imaginin' she's gonna get there real soon). So, I guess ta answer your question, "that's my limit" has more to do with gain/loss management than conviction about this particular play. I've mentioned a coupla times I was due for a major hit on a dark-side misplay, perhaps this is da one! AdvocateDevil