Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Katherine Derbyshire who wrote (23613)	8/30/1998 5:45:00 PM
From: Ian@SI	Read Replies (1) of 70976

Katherine, Re: Any thoughts from the TA types. The Toronto Star technical analyst had a column today essentially saying, "If you're still in, you may as well stay invested. There's not much downside left and there's lots of upside coming." Article (minus the charts from the print edition) is at: thestar.com The problem I find with Technical Analysis and Analysts is that when asked What would change their mind?, they often answer with words to the effect that "After I've been proven wrong by the chart results, then I'll change my prediction." For people planning to retire in 10 years, or to live more than 10 years whether retired or not, historically there hasn't been a better place to put one's money than the market. (S&P 500, e.g.) I believe that more people are better informed than ever before. Hopefully, this will allow many of them to make appropriate decisions. Ian.

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