Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Katherine Derbyshire who wrote (45858)	4/24/2001 3:44:20 PM
From: michael97123	Respond to of 70976

" The 2000-2001 bear market will look similarly insignificant 25 years from now. Buy and hold may not be the way to maximize your gains, but if it lets you sleep better, maybe that's a fair trade. " The problem with buy and hold in the information age, is that it doesnt let you sleep better. I give myself 2 year and 5 year time horizons and watch the tape daily. I dont have a solution to this problem.

To: Katherine Derbyshire who wrote (45858)	4/24/2001 8:53:31 PM
From: kdavy	Respond to of 70976

I agree with your first point. Since, I have a difficult task to obtain those numbers that are used in calculating the intrinsic value of amat, I have to depend on other people telling this value and they among themselves do not agree, and have a vested interest. For me it boils down to market psychology and human emotions are really at play. As far as time horizon and a good night sleep are concerned. I sleep when I have made some money. If I keep losing money, it does not matter whether it is long term or short term, I do wake up in the morning and turn CNBC on an look at the futures. I guess my goal to make some money in the market and I am not happy with a 10-20% return. regards, kdavy