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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (8722)11/20/1998 3:45:00 PM
From: Jeffrey D  Read Replies (3) of 42834
 
Skeeter:<<jeff, now you know that is a dufus question. surely, you know that gaining 50% in a few months is the kind of wrong that makes your right calls look bad. :-) congrats.>>

Let me see if I have this Right. I was Wrong to buy AMAT because business is bad. I got the Right result even though I was Wrong. You were Right about business being in the toilet but AMAT proved you Wrong. You were Right about AMAT going under 25 even though you are now also Right that 25 or 22 is no big deal and a minor point. You are Right and Bob was Wrong when he said AMAT would not go below 25. He is also Wrong to say AMAT could reach 52 week highs or all time highs in 1998 or 1999 due to business being bad even though the market might prove him Right. His Right conclusions are based on a Wrong read of the market. Your Right read on the market might lead to a Wrong conclusion because the market is crazy. The market is Wrong to be so crazy and you are Right because you have analyzed the business Right.......
Yes, I think this sums up your crystal clear position on the matter. Jeff
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