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

To: Dale Knipschield who wrote (39845)	11/21/2000 5:27:58 PM
From: Sun Tzu	Respond to of 70976

This is by far the toughest market I've seen. It is too choppy and too volatile. For what it's worth, I think we are due for bounce. The holidays are here and settling the presidency issue will provide as good of an excuse as any for a rally. Very early on in my trading career, I read play of about and over-stressed trader and the conversations with his psychiatrist. One line that's stuck with me was the psychiatrist's prescriptions "I want you to repeat this mantra several times a day, 'The stock doesn't know you own it. Nor does it care'". I've been repeating that to myself ever since. cheers, ST

To: Dale Knipschield who wrote (39845)	11/22/2000 9:51:26 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

What you said is what I call the "long squeeze" forcing us to confront our mortality and fallibility as we move toward a defensive posture at or near the end of a bear market. I dont blame you for doing this. In fact I have considered it too. But I know its those firms who did the last downgrades that will be buying your portfolio on the cheap. At the least I expect a trading rally from this oversold state. But I give no advice. I just feel you and others have been hammered into submission.