actually we nailed that AMAT report right on the button, had everyone in the trade along with nvls and klac and brcm and then sold the morning gap to say good bye city...
while i agree you saw the topping process i must say that it happens this way every quarter...they rally up ahead of eps, then get chopped down as they report...
you're a solid thinking trader...you like the short side i like the long side...how ever i am not a ZEEV that will never short...i have begun to short more now as i see weakness creeping into the markets...
does not mean we will not make another high soon. i will not change my mind till my indicators make me do it...thats what has brought me to this game and i'll never change that untill and unless it says to do it...
we are still in dip buying mode but it looks like at lower levels...we'll see...
i've always liked your style...heck we've traded together for years...altho you're a bit more testy these days...i'm much more mellow<G>
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