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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
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> 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
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