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I took another short position in AMAT at 24 3/8, 200 shares this time. I
do expect it to move against me, but it has had a nice run so far this
morning so the upside isn't all that high. It has come up from a low of
22 7/16. It was up as high as 5/16 at 24 7/16 after gapping down this
morning. The other reason I took the position is that the market is not
in good shape today and tomorrow is Friday. Currently AMAT is drifting
lower as I type. It really is taking it's lead from the NASDAQ or the
DJIA.
Harley
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