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


To: Cary Salsberg who wrote (52847)9/21/2001 5:08:01 PM
From: Sam Citron  Respond to of 70976
 
RE: Rational or emotional

The biggest lesson of October 1987 for me as an investor/speculator was in impressing on me the lesson that in the short-run markets are emotional rather than rational. A larger amount of day to day trading is speculation rather than investment.