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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%3:59 PM EST

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To: Jack Kunkle who wrote (30717)5/28/1999 2:40:00 PM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
Jack,

Yes!, I also " ... usually fall into the "trap" of thinking that this time it will be different."

Last AMAT Bear Market I thought it would be different --- that the stock would Bottom at 25 or -53% --- because the stock gained more popularity than the previous cycle ... but it did eventually bottomed at 21 1/2 or -60% --- almost equalling the previous -63% bottom!... Also, I know AMAT always YoYo Drops at least 8% (this last YoYo Drop started at 67 1/4 and ended the other day at 52 3/4 or -22%) but still I prematurely bought back at 64!... It's good I maintain some cash always --- so I was able to buy near the bottom and then just have to wait for that eventual YoYo Catch somewhere near the upper 60s!...

Yes, I'll do some explaining about History Repeating Itself later...
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