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Politics : Formerly About Applied Materials
AMAT 225.18-1.5%Nov 18 3:59 PM EST

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To: Joseph Beltran who wrote (44949)4/3/2001 4:26:29 PM
From: Katherine Derbyshire  Read Replies (1) of 70976
 
>>the bottom line must be that fear controls in these types of situations just like greed controls in the other extreme. <<

Yup. I sold some CMVT at 60 (my profit-protection stop) a few weeks ago, thinking I'd regret selling at the bottom. It traded at 49 today. The people who've lost money are afraid of losing more, the people with profits want to keep them, and the people with cash are afraid to invest it.

Who was it that said the market is afraid when it should be greedy, and greedy when it should be afraid?

Katherine
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