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

To: michael97123 who wrote (54690)	10/26/2001 1:57:16 PM
From: Jacob Snyder	Respond to of 70976

re: a shot at going thru 1800 today This rally has happened a lot sooner than I expected (internet time, I guess). Too far, too fast, backed by too few facts or thought. (That could be a definition of the New Economy) I agree, there is going to be a lot of investors selling into any rally, once we get to where we were in May and June. I haven't changed my upside targets. There is nothing I'm even close to buying, at today's prices. Well, maybe CCL. I've now sold almost every lot of every stock/option I had, that was underwater (still have a bit of EMC bought in the 20s and 30s). And I still have net cap gains (all LT, fortunately) equal to 10% of my portfolio, so it makes little sense to sell any more, as we get to the end of the year. I'm steadily increasing my limit sell orders, getting less willing to let them go, unless I get absurd gains. At least till next year. I'm thinking of holding all, and doing my next big selling into the traditional January rally. But........There is an evil little voice whispering to me, "This anthrax-in-the-mail thing is just a diversionary attack, to keep our attention elsewhere, till the next WTC-scale-or-worse attack is carried out. And our chances of stopping the real attack are nil. The surprises aren't over."