Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ian@SI who wrote (38525)	10/19/2000 10:58:11 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

Ian, Gottfried, Brian, TA, FA all rubbish. The only way to beat the market is time travel. Over the weekend I will go back to when amat was 120 and take profits. Seriously, I believe what we tech investors missed is the effect of the soft landing on rates of growth causing pe multiple compression. In other words never argue with the fed. And looking thru the rear view mirror it is hard to believe that most of us missed it. Having said that I suspected a correction because of rate hikes but I didnt believe that long term postions needed to be sold given tax consequences. I will never place as much weight on Uncle Sam again in making my decisions. If Naz had bottomed in high 3k i thought i could get away with it. It didnt! I didnt! And if this is the bottom, I missed that too. Mike