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

To: Return to Sender who wrote (62753)	4/7/2002 2:15:02 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

Bad jokes from 2000: Came across this article, while looking for info on biothech ETFs. TheStreet.com's "10 things you need to know to profit in 2000 (in the stock market)". Look at their picks, and look at their reasoning. Funny, if you like dark humor. thestreet.com

To: Return to Sender who wrote (62753)	4/7/2002 4:39:00 PM
From: FR1	Respond to of 70976

Right. That's what I was saying. AMAT falls in the category of high growth. That means when the FEDs raise interest rates way up it is time to sell and sit on the sidelines (or buy puts). You then have to be intelligent enough to recognize when we are at the bottom and ready to go up (right around now). It's pretty obvious because the FED moves to neutral and gets ready to raise rates some. So you should have been buying just after the last FED meeting and you will sell a some years from now when things are red hot and the FED is out to kill the economy again. I'm sure you are not suggesting it, but the idea of trying to time the market for short term "range bound" swings is a fool's errand. Government action, or any number of things, can happen and suddenly make a up or down market. All the chatter about how the price is too high or low is not for me. Let's take today as an example. Right now everybody says AMAT is real pricey and you will get a big sell off after the split. Maybe. Maybe not. After the split the "sell on the news" short term swing traders will sell but people that are waiting to add AMAT long term will step in. Here is another suppose: Suppose the well financed lobby in Washington that is trying to get a broadband strategy accepted by either party is successful. The Democrats or Republicans could, at any time, announce a bill or program for a national broadband strategy with targets (like all the other developed countries have already done). It would be a great political football. Democrats, for example, could say: "The Republicans have no leadership in broadband deployment. What are their goals or plans? There are none! They don't know where we are going and consequently we have an enormous telcom mess. We, the Democrats, have a plan. Elect us and, instead of sitting on our ass like the Republicans, we will fix this mess." If something like that happens it would happen so quick you would not have time to react. Moral: don't short term trade thinking you are a quick draw artist. Before you get your gun out of the holster the big boys will have shot you dead.