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

To: Cary Salsberg who wrote (47240)	5/24/2001 7:42:34 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

Well Said...... Observations from a short term trader...... 1) There are lots of ways to make a buck in this market. (Long, short, swing trades) 2) There should be courtesy to accept others viewpoints in investments. 3) If Cary is right, (and I suspect he is close to the truth of the matter), then he ends up with all his marbles to play again. If He is wrong he still has the buying power of his cash position to use at a later date. If Michael is right he gets a nice boost till a pullback, but if he is wrong he ends up saying, "I thought it was different this time". 4) I don't believe the bears that have looked over the horizon (and saw nothing) should have their credentials called into question. 5) Its nice to be optimistic, but a dose of reality taken each day, will go a long way in preserving wealth. Too bad Cary will not see this, since I'm on his ignore list, but thats life. Pre Holiday special tomorrow..... it should be an up day.... sell just prior to the close. Regards, Jerome

To: Cary Salsberg who wrote (47240)	5/24/2001 8:28:32 PM
From: Mark Adams	Respond to of 70976

If I am right, Alan Greenspan will not be the only one soiling his pants over what happens Ho ho ho.... Glad to see you still participating <g> Maybe we should all request Depends samples, just in case.

To: Cary Salsberg who wrote (47240)	5/24/2001 9:21:39 PM
From: scott_jiminez	Read Replies (1) \| Respond to of 70976

In 2000, when my portfolio was 6 times the value it reached at the bottom of '98, I was already 40% cash. Why? Because I could not believe the abject stupidity and corruption that was running rampant in the stock market. I won big last year because I knew what the numbers were and I had the discipline to stick to my plan. I knew that prices, including semi-equips, were ridiculous. I did not read any posts here that indicated that anyone else was concerned. In 2001, subsequent to establishing such a large cash position (and subsequent to a 50%+ fall in the NASDAQ), I began to re-enter tech stocks. Why? Because I could not believe the abject stupidity and distortion that was running rampant in the stock market. The current pervasive negative sentiment is an equal match for the pathetic, mindless enthusiasm of a year ago. I won big last year because I knew what the numbers were and I had the discipline to stick to my plan. I knew that prices, including semi-equips, were ridiculous. I will win this year because I will not fall victim to negativism any more than I resisted the unanimously sunny outlooks of last year. I know the cyclicity in this industry and I know strong up cycles follow precipitous declines as night follows day. I will have the discipline to invest now based on my familiarity with this compelling industry pattern. I am currently not reading a large number of posts here that indicate the investing public is confident in such a rebound and this is consistent with a cyclical bottom as well.

To: Cary Salsberg who wrote (47240)	5/25/2001 1:27:42 AM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Cary, you said >In 2000, when my porfolio was 6 times the value it reached at the bottom of '98, I was already 40% cash< You must have taken advantage of the overvaluation you disapprove of? How else would your portfolio go 6x in less than 2 years. This is a rhetorical question as your portfolio is none of my business. Gottfried