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


To: Jacob Snyder who wrote (63920)5/20/2002 3:35:25 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Hey Jacob,
An element of fear today pertaining to Cheney and Mueller warnings regarding terrorism as a certainty. Seems to check the rallies or at least slow them down. I think the market may be readying itself for an event. So over the next several days/weeks the event may be become discounted by the market. Last time i brought this up was right after the 300 point upday. I forget what that was about that seemed to nip that rally in the bud. But rally mode came back the following week. So maybe after a couple of days of this, we will start going up again. Just random thoughts. I know you guys on the left coast and you jacob on the north side of the world may not be privy to the fears that the trader on wall street have, especially pertaining to those fears that go unspoken each day on the way to work. mike



To: Jacob Snyder who wrote (63920)5/20/2002 6:26:02 PM
From: Paul V.  Read Replies (2) | Respond to of 70976
 
Jacob, >Buying in increments, within a wide range, makes my buying (and selling) methods more idiot-proof.< I agree with you! With all the data that we have investing, as Dorsey Wright ultimately states, is an art in the final result. I wanted to buy AMAT in the $20's on margin but my wife said it may go lower. However, my intuitive nature was telling me that it probably was at its lows based on AMAT's past history. The result rather than have a divorce <ggg> I backed off. You made a great choice. Now, all we have to do is figure/feel when AMAT and the semi's have topped out which is dificult to do .

Thanks for your feedback.

PS What are your thoughts on biogenetic technology and nanotechnology. I am hearing more and more discussion regarding these areas however, think they, from an investment standpoint, are a little head of our time.

Paul