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Politics : Formerly About Applied Materials
AMAT 248.42-4.0%3:59 PM EST

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To: michael97123 who wrote (47084)5/22/2001 12:20:58 PM
From: Ian@SI  Read Replies (1) of 70976
 
Mike,

Save a bookmark to your last post; and revisit it in 6 months.

1. I suspect that your portfolio was seriously overweight in high tech, high P/E, high volatility stocks.
2. Gold price has been an extremely poor indicator of the direction of US inflation for the last several years.
3. My response was to Charles who specifically targetted Greenspan and the Fed with his recession fear comment. Last time I checked, neither Greenspan nor the Fed had any mandate whatsoever to focus solely on the high tech sector of publicly traded companies; or individual portfolios such as yours or mine.
4. Emotional responses have no helpful role in managing ones portfolio. ... unless of course they're an irrational emotional response by the herd from which I can take advantage.
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