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Re: AMAT & NWAC



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Steve,

I understand what you say and would probable guess that is the norm. But
what I said was "at times". So not always.

Glad you are amused.

Harley

Steve Karnish wrote:

> Harley writes:  "These brokerage firms are
> sensitive to some of these companies needs and do
> do at times try to help out when a company is in
> trouble."
>
> Harley,
> Your posts continue to amaze and amuse me.  I've worked for a
> few of these wire houses and they're about as "sensitive" as a
> Tijuana street walker who's infected with a couple of life
> threatening diseases and is willing to do you a big favor for
> twenty bucks.  Don't kid yourself, brokerage houses will bend
> over their own grandmothers if it means another nickel in their
> pocket.
>
> Steve Karnish
> CCT
>
> ----------
> > From: Harley Meyer <meyer@xxxxxxxxxxx>
> > To: Metastock list <metastock-list@xxxxxxxxxxxxx>
> > Subject: AMAT & NWAC
> > Date: Wednesday, September 02, 1998 8:08 PM
> >
> > I jumped back in AMAT - 100 @ 26 and another 100 @
> > 25 3/4. Which was pretty close to where I covered
> > on Tuesday. I was a little groggy this morning so
> > my trading reflexes were not to good. AMAT closed
> > around 24 13/16, so I felt much better about not
> > shorting at a higher price than when I covered on
> > Tuesday, which was 26 1/16.
> >
> > I think the big thing was bringing closure to my
> > original short at 28 7/16 since it had gone
> > against me for several weeks. I feel much freer
> > and loser about taking a position now. At least I
> > did today.
> >
> > Hopefully we will get another down draft in the
> > morning again.
> >
> > I am still up about a point on NWAC and will
> > continue to hold. When I look at the charts there
> > is some heavier volume that has picked up over the
> > last week, but the price has not moved any where.
> > So something is up. I do have a feeling that the
> > price will not really drop until the strike is
> > over. And if it goes against me then I'll have to
> > average I guess. These brokerage firms are
> > sensitive to some of these companies needs and do
> > do at times try to help out when a company is in
> > trouble.
> >
> >
> > Harley