Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.22

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Dec 23 3:59 PM EST

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To: Proud_Infidel who wrote (48617)	7/2/2001 8:30:21 AM
From: michael97123	Read Replies (1) of 70976

" A question for you Jerome, how many people on Forbes Billionaire list got there by trading?" Answer: None! Brian, The short term traders on this thread are brilliant at it. I suspect though, that if this country/economy has a great future ltbh will catch and overtake them over the next couple of years. Everybody gets theirs on WS. God knows, i have gotten killed over the last 1 1/2 years but in the end without market timing to worry about, we will be long for the long bull market while folks like Jerome et al will eventually be on the side lines or wrong side of the market or have stocks being called away. If they are brilliant, they will need to accurately time the next ltbh move which may or may not have already been started. I hope our traders, who are really smart folks can time the entry point and protect against selling out before the big gains come. If the economy does recover here, with all the rate cuts, we may have another bubble where markets could become greatly overvalued. What do we do then Brian? Do we ltbh types try to time the end of the bubble? mike

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