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To: Sarmad Y. Hermiz who wrote (3501)12/30/2002 12:36:32 PM
From: advocatedevil  Respond to of 13403
 
OT - That's a difficult question with so many key factors in play right now. I'm obviously watchin' AMAT and I'm focused on more sector specific factors (like Intel weakness today), but to answer your question, I think long term valuations in the face of a weak holiday retail season coupled with a slow 2003 recovery forecast are probably providing the largest assistance to shorts in general.

AdvocateDevil



To: Sarmad Y. Hermiz who wrote (3501)12/30/2002 12:48:45 PM
From: BWAC  Read Replies (1) | Respond to of 13403
 
OTOT D.) Significant numbers of shares sold at downward resistance points in low volume market.