SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Knipschield who wrote (40093)11/29/2000 2:03:36 AM
From: brunn  Read Replies (1) of 70976
 
The casualness that seems to pervade on this board tells me that I must be the only idiot that has ridden this NASDAQ crash...

I have ridden this crash and I wager most on this board have too. But after having seen the NASDAQ go from 1400 to 5000 in a year and a half I have decided anything can happen and it is hard to be stunned anymore.

Regarding your feeling about the analysts, see the following:

biz.yahoo.com

Following any of the brokerage's recommendations would have produced worse returns than a buy and hold strategy. For example, Advest wanted you to sell in June, 1998 at 15, sell some more at 16,then buy at 17 and at 18 buy some more--all within 5 months. Then they told us to sell at 32 in August 1999, but wanted us to buy in again at 105 this April.

Interesting to note the 6 downgrades in June-August, 1998--the best time to buy in the last 3 years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext