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

To: Gottfried who wrote (42018)	2/10/2001 9:04:12 PM
From: Tony Viola	Read Replies (2) \| Respond to of 70976

Gottfried, re Malkiel's "A random walk down Wallstreet", so what do we do, throw darts at the stock pages in the Mercury News? Does the use of the word random in the title imply stock movements to him follow a random walk pattern only? I ought to look at that book myself. Do you recommend it? Oh, you said after your signature that you do. AMAT and now LSI CEOs getting maudlin...doesn't look good. Cisco? Looks like Greenspan put a forearm shiver on tech business all right. Strange thing about the Fed, where's the accountability? A corporate CEO, if he lets his company down, can get fired. A prez can get impeached. But the worst Greenspan gets is Larry Kudlow's criticism on CNBC. Tony

To: Gottfried who wrote (42018)	2/10/2001 9:28:07 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

and yet we persist in making predictions. :) We have no choice. No matter what one's outlook is based on (TA , FA or plain LTB&H) it all starts with some kind of basic assumptions. I was never that impressed with beating any particular index. The lack of trading costs and etc. give the indexes a significant advantage when the market is in a strong upswing. In a down market its just the opposite. The indexes can't dump poorly performing stocks (This week CSCO) whereas individuals and Mutual Funds can do so easily. I have reconciled myself to the fact that my life was meant to be a struggle. Whatever was meant to come easily to me , came and went unnoticed. Jerome