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


To: michael97123 who wrote (41074)12/22/2000 10:22:20 AM
From: Ian@SI  Respond to of 70976
 
Actually, I think we're set up for a major bounce between now and the middle of January in the leaders that have been beaten down mercilessly. In the order of 25% or more.

... except for the Internet wonders without earnings and no probability of ever having any.

Ian.



To: michael97123 who wrote (41074)12/22/2000 10:50:59 AM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Michael, OT *** you DO understand human nature. Where the lost weight goes is another topic we should save for a slow weekend. :)

G.



To: michael97123 who wrote (41074)12/22/2000 10:57:14 AM
From: mitch-c  Read Replies (1) | Respond to of 70976
 
Interesting discussion on stock values, etc.

I look at unrealized gains more as a vaporous "opportunity cost;" what I *could have bought* if I had sold something else. I decided long ago that I would not beat myself up by second-guessing. Learn from experience - yes. Agonize over past poor decisions - no.

I, too have ridden the roller-coaster since I spent a year (mid-95 to mid-96) working for AMAT as a contract temp. This makes two trips up and two down. I still firmly believe that it will go up again (and later, eventually down, inexplicably as usual. <g>)

One of the biggest economic lessons I've learned is that THIS IS NOT A ZERO-SUM GAME! It is fallacious to assume that because someone made money, someone else lost *the same amount*. Nevertheless, because the simplest path is to do exactly that, it's a common perception.

- Mitch