Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 327.03

+2.5%

Jan 16 3:59 PM EST

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To: michael97123 who wrote (45742)	4/22/2001 2:10:39 PM
From: kdavy	of 70976

I do have a more than a fulltime job and a very good one. I love my work, I am a professor and a scientist in Pharmaceutical Biotechnology. Trading is a side thing. But it sure takes care of my midlife crisis. The thrill and fun of the market keeeps me from getting in other troubles. I do not depend on stockmarket for a living and never use anything but play money in the market. I take a portion of my profit out of the market on a regular basis and put in boring stuff like money market and CD's. Even if I lose most of my money in the market, it will not change my life style. 1500 trades sounds a lot. I count buying and selling separate trades. Sometimes I will make 10-15 trades within and hour. Othertimes, I don't trade for weeks. For example, on December 29, 2000 I bought csco, lltc, mxim, intc, xlnx, amat, orcl and amgn in three batches each, that makes 24 trades. I sold these on Jan 5 again in three batches. That makes a total of 48 trades. This was while I was on vacation. My sacret rule is that It is ok not to make money in the market but it is not ok to lose money. Thanks for kind words and concern. kdavy

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