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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (37460)	9/26/2000 2:18:35 PM
From: Gottfried	Respond to of 70976

Fred, >my strategy will be to do nothing!< Good strategy and has made me more money than any other, with only a couple of exceptions. :) Gottfried

To: Fred Levine who wrote (37460)	9/26/2000 2:21:24 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

This article places a cloud over entry points for individual "beaten down" stocks. For semis I have placed limit orders in at prices which are at half their highs. Maybe the tax loss selling for mutual funds as per that article will drive stocks to that point and hopefully no further. Anyway this strategy prevents me from prematurely pushing the button on a whole host of stocks that have become way undervalued. Obviously in non-chip arena we are well below half for many stocks.