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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%3:59 PM EST

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To: Jacob Snyder who wrote (24386)9/17/1998 11:04:00 PM
From: akidron  Read Replies (1) of 70976
 
Jacob, let's say you buy at 26 and it goes to 12, isn't that pretty much the same disaster as buying at 54 and capitulating at 26. It's not that I don't respect your opinions, because I do. It's just that I don't really understand the 'it's lower so there must be less risk' argument at all. it's lower because it reflects a small portion of the reality, but given that the market and it's market are far in a far worse state than 95' its not even close to being low enough.
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