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


To: Sam Citron who wrote (63839)5/16/2002 6:28:23 PM
From: Jacob Snyder  Respond to of 70976
 
You may very well be right. When I post my buy/sell plan (and then change it, frequently), it isn't a prediction of where I think the stock is going. In the short term, stock movement is random, and I have no ability to predict it. It's simply a statement of what I'll do if (if, if, if) that scenario happens. It's contingency planning.

If I end up with no AMAT, that's OK. I'm on margin now, a modest amount. If the SOX goes up, I have a lot of TXN, ALTR, and QCOM, and they'll go up. Whether the market goes up or down from here, I have a plan, and I can live with it contentedly.