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


To: Chuck Williams who wrote (20366)6/14/1998 11:47:00 PM
From: akidron  Respond to of 70976
 
tell u a funny story chuck... as u know I said that my entry point into AMAT would be around 27 and that I'd $ cost average from there on down... I had actually decided not to enter at this level but at $25 as I am now sure we break this at least and probably 20.... I expect all liquidity to vanish in SEA in the next three months as Japanese banks withdraw from this market to prop up loan reserves back home.... however my wife pinched a nerve in her back on Friday, and in all the excitement I forgot that I had placed a good till cancel order for 1000 shares at 26.5 last week, so I find myself in a bit of a quandery... do I take my drinking money and run... or was it a sign that fate has selected me for good things... As it is my intention to own 10,000 share for a long while, it probably doesn't matter, as the price will one day look decent, so the problem is more theoretical... I expect this market to revisit '95 lows, as it is sicker than '95... shouldn't I therefore play that way with all my chips... so I think I sell, bite my lip, hope I get the leverage I seek