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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Dale Knipschield who wrote (2378)1/10/2000 5:53:00 PM
From: Ian@SI  Read Replies (1) of 3661
 
Knip,

Thousands of approaches can be successful in a market that has trended up steadily for most of the last 18 years.

Sitting back and letting it happen sounds like a much more relaxing approach to accumulating wealth than attempting to scalp every 1/2 dollar move in each stock followed.

The outlook for the chip sector continues to improve. Today's stories are forecasting above trend growth at least through the end of 2002. While the outlook could change at any instant, I'm quite comfortable with the positions I currently hold.

In the past couple weeks, I've held true to my New Year's resolution. I haven't signed into the system before noon except last Thursday. I've only made one trade this year. (Sold some in the money puts in an emerging biotech that I wanted to hold, but they're already out of the money. So I may sign in tomorrow and try again.)

And there have been several days that I haven't been on the net during market hours. Lo and behold, the market and my portfolio have done quite well without my nanosecond by nanosecond nurturing. ;-)

And to bring this post somewhat back on topic, when we hold shares in great companies, established or emerging, there really should be no reason to anything other than "... just sit back and let the profits pour in......

Have a great year,
Ian.
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