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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (53358)	7/17/2001 9:26:39 AM
From: Baton	Respond to of 57584

Yes Rande, I can remember making 10, 20 even 30 points A DAY in GLW, usually closing out and re-entering to protect gains. It probably was my biggest winner in the bull of '99-00. I actually bought a long position @22 and again @14. Don't mind holding it ala my dad's old theory known as "investing". GMST chart looks to be breaking out of a long base. Still holding this from low 30's. If there is a big gap down today, I may enter a few longs. siliconinvestor.com Baton

To: Rande Is who wrote (53358)	7/17/2001 1:04:46 PM
From: shadowman	Read Replies (1) \| Respond to of 57584

Rande....I have much respect for your measured thoughts on the markets. I'm not sure anybody analyzed anything? <gg> Seems when certain sectors of the economy are doing well (or the entire economy), everyone gets too optimistic. Analysts, as misinformed as they seem to be, get overly optimistic guidance from corporate executives who seem to be equally misinformed and equally optimistic and pass it on without much thought. The incentive for the suits is certainly in favor of higher prices for their company's stock. When the dust settles and reality sets in, after many many individual investors have been severely wounded financially, we hear how the individual investor was way too pollyannic and much too euphoric? What about the talking heads who in great part initiated this euphoria? Corporate PR departments, CEO's, CFO's, along with analysts, deserve much criticism for their myopic (and self-serving) "estimates" and "projections". It doesn't let the individual investor off the hook for the damage that they may have suffered (responsibilty should begin at home), but it does make one wonder where the individual is supposed to garner reliable information when it appears that the blind are leading the blind. Not to get political... but in my mind it puzzles me why some folks seem to feel that efficiency and competence are exclusively found in the private sector while government is some lumbering monster incapable of doing anything right. Incompetence is not exclusive to government....the business (private) sectors have shown incompetence is a human trait that knows no boundary.<g> Time and time again.