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


To: Gottfried who wrote (43409)3/9/2001 1:12:17 PM
From: michael97123  Respond to of 70976
 
"....in a bear market the bottom is always predicted to be 15% lower than where the index is. The very last of
these predictions is wrong. It's Gottfried's rule."


Just like last year when Battapaglia(remember him) was predicting 6500 nasdaq--the reverse 15% rule. But to prevent Eugene's 1997 bottom of 1750-1800, it certainly would be nice if we could rally today, wouldnt you think?



To: Gottfried who wrote (43409)3/9/2001 1:13:10 PM
From: 16yearcycle  Respond to of 70976
 
and number 3, if the stock you most want gets to your target price, you buy it and it immediately drops another 50%, or you hesitate to buy it, and it then turns and runs back up and away from you, in which case you chase it up, and then it drops 50%.



To: Gottfried who wrote (43409)3/9/2001 6:12:41 PM
From: Katherine Derbyshire  Respond to of 70976
 
>>Second rule: in a general market decline the stock you want to buy most stays strong.<<

...Therefore confirming all the reasons why you want to buy it, but depriving you of the entry point you want.

Katherine