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

To: BWAC who wrote (5802)	6/4/2003 1:41:34 PM
From: Return to Sender	Read Replies (1) \| Respond to of 13403

OT: I'm short 2000 shares of AMAT myself so that makes it at least 36,000 shares. I'm convinced that this is less than a drop in the bucket compared to the institutional buying that has been taking place. Long or short those who post on this thread have become increasingly more likely to make a profit in their short term trading. I know I have been very impressed by your ability to buy a stock when it reaches a short term bottom. But there are others who are doing very well trading from the long side as well. Tomorrow night when INTC holds its update I will be very interested to see how the market reacts. I believe the large number of people shorting AMAT here collectively suggests that the stock should be at a top. However despite the new high set today the stock has not reached an RSI of 70. It is only 65 now so it could go higher still: stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G I hope to weather the storm if it does and exit later on a pullback. RtS

To: BWAC who wrote (5802)	6/4/2003 1:49:17 PM
From: Sam Citron	Read Replies (1) \| Respond to of 13403

OT I think this thread tends to be less momentum-oriented and more value-oriented than most ST trading threads. The tendency here is to buy the dips and sell the rallies. I also think there is an ongoing trading tutorial happening here as an experienced and highly successful hedger-scalper (AD) finds certain imitators (myself included) who are envious of his success, but who lack AD's experience, nerve, and deep pockets. It's really an attempt to learn through imitation. There is a certain amount of "hand-holding" and healthy ribbing that goes along with this process. But the basic emphasis is on learning from one another and overcoming the loneliness and isolation that tend to go along with trading. That said, you are certainly correct that the bulls are in charge for the moment. One day we will know if the bat is just loaded with cork. <g> Sam