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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (5253)	1/31/2003 10:18:44 AM
From: Proud_Infidel	Read Replies (3) \| Respond to of 25522

Fred, What has really made me reign in my horns is not the fact that business is poor, but the fact that nobody seems to be trying to buy on any bad news anymore. There is a vacuum of individual investors, and it shows in the mutual fund redemptions, month after month after month. IMO, this has allowed hedge funds to play games with the market. I do not trust brokerage houses, but at the least most of their dealings must be accounted for. Hedge funds are private and can do as they wish, something I think the SEC should change. If a fund or fund(s) can move markets, they should no longer have the ability to operate in the shadows without any oversight. A sense of transparency has been one of the few distinguishing charactistics of our market from others around the world. JMHO on this terribly depressing day. Brian