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Politics : Formerly About Applied Materials
AMAT 228.68-2.7%3:59 PM EST

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To: james paterson who wrote (27192)12/15/1998 9:52:00 PM
From: Fred Levine  Read Replies (2) of 70976
 
I have posted this before, (especially when Tito was exhuberant) but as one who has invested for over 40 yrs, I learned that I was correct 50 % when I tried to time the market. Who could predict that Clinton would be caught with his pants down? My broker was correct all the time. I have held AMAT (along with others) for several years now and have profited handsomely. Look at the 5 yr graph.

Also, give away 1% for buy-sell commissions and it will be over $1500 per month in lost income after 40 yrs. Not counting the taxes lost.

Sell when you have a compelling reason or alternative. e.g., taking a damn good vacation and improving life!

fred
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