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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Sun Tzu who wrote (36444)8/9/2000 5:46:41 PM
From: sam  Read Replies (1) of 70976
 
"Repeat this to yourself a thousand times and your portfolio will improve."

Stocks move for all different sorts of reasons. For example, Jon Joseph -- to save face -- may put a negative spin on AMAT during a particularly bad market day. In addition, a lot of money is sitting short this stock NOW on the (now discredited?) theory that the cycle is about over. These are not mom and pop types. But hedge funds with positions to protect. And I'm not so sure they are not in control of the stock -- even now. In fact, they know you WILL sell if the stock is weak. And if the market is weak, the strong stocks very well may follow. All this said, I know (80% sure?) the FED will not raise. I also know the market will be VERY volatile as lots of people are betting the summer selloff continues another leg down. So I will try to take advantage of the fear. In a month, however, my strategy will be entirely different. fwiw
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