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

To: Sam Citron who wrote (43904)	3/16/2001 10:26:51 PM
From: Jacob Snyder	Respond to of 70976

re: tolerize: I can't define it, but I can use it in a sentence: You become tolerized to the smell of dirty diapers after your third child.

To: Sam Citron who wrote (43904)	3/17/2001 11:15:29 AM
From: Shoibal Datta	Read Replies (3) \| Respond to of 70976

-OT- Sam, from the OED: tolerize (v) trans. To render immunologically tolerant. So tolerizing ppl. a.; also tolerization, the action of tolerizing What I meant was the following. In a biological system, upon introduction into a host, a foreign protein elicits an immune response (production of antibodies against the protein, for example). However, when the host has been tolerized, it exhibits a state of immune unresponsiveness and does not mount an immune response. Now, let's take this analogy to the stock market. If we were to consider fear as the "foreign protein", the stock market as the "host" and a sharp, high-volume sell-off as the "immune response", then it might be said that we are not developing as much fear as we might have previously to elicit a sell-off. In the past, it took a lot less selling to get that sell-off. Instead, with these grinding lows on low/unremarkable volume, we just seem to be postponing the end of the downturn. I am not saying that a climactic sell-off is the end, but that it serves as a good psychological base. Interestingly, the principle of tolerization is also being mimicked quite well by the stock market. In humans, the best way to tolerize an individual against allergens (an allergy is an immunological response) is to administer repeated low doses of the allergen. After a while, the individual does not mount an immune response to the allergen and can tolerate it. Grinding lows seem to be a good analogy for low amounts of fear. However, to take this analogy to the extreme would be perilous, for that would predict that the stock market will become fearless. In response to your second question, I am in academia, but my industry is biotech. For whatever reason, hiring at the PhD levels is very specialized and the norm is to see a job listing after suitable candidates have been identified/hired. This may be because the candidates hired are screened from labs that work only in that area. The jobs may be listed after the fact to satisfy employment procedures/regulations.