"Ya just gotta love AMAT, what a joke...[g]." ---------------------------------------------------------------
D2...
Thanks - I just try to play AG as best I can and forget all the rest. Studying technicals and fundamentals (by which I used to live and die in the market) only get me in trouble in this manipulated and artificial market we now find ourselves in.
AMAT a joke??? Sure, but they all are. How about NVLS being initiated with a "buy" rating this morning? It's all a joke but for those of us trying to play the market game it is very real and until AG loses control it is a losing proposition to fight it. He is making an attempt to reestablish firm control now after losing some of his grip in the last week or so, but he is still in trouble with a lot of selling coming in - I think both long and short are equally dangerous at the moment.
I think you and Zeev are playing it exactly right - take what you can whenever you can and keep your reserves high. Swing positions can be death in this market.