SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (44764)3/29/2001 10:01:47 PM
From: Roads End  Read Replies (1) | Respond to of 70976
 
Why do people continue to say this? <The time to buy in at points of maximum pessimism and great uncertainty.> When old wives tales are told over and over again my guess is they are simply accepted as fact when not really thought out first.



To: Proud_Infidel who wrote (44764)3/29/2001 10:21:20 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
Brian,

You're probably right. There are so many bears on the sector right now that it probably won't take much news to start a major rally. I don't know of any analyst still touting the sector; and most of the bulls have become strangely quiet. Buying during the Mutual Fund Window Dressing peak selloff of the sector (today and tomorrow) is probably a very astute move.

Good luck,
Ian.



To: Proud_Infidel who wrote (44764)3/30/2001 6:52:55 AM
From: robert b furman  Respond to of 70976
 
Hi Brian,

Been scratching my finger at 15 also.

One thing for sure you won't get hurt by more than 15 points and you can darn sure average down nicely at the 12-13 range.

As time evolves that will be a stroke of genius - many might call it financial suicide, that a great reason to do it. JMHO

Bob