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

To: Sam Citron who wrote (14345)	4/14/2005 9:13:16 PM
From: Big Bucks	Read Replies (1) \| Respond to of 25522

Sam, I agree with what you say, we can martial some impressive mental capacity in a collective fashion. The only problem is that we each have different needs, goals, risk aversion, resources, time intervals and personal beliefs which prevents us from acting as a disciplined unit. Our best hope is to dialog, present ideas, post articles, disagree, strategize, and share information....from that we must each base our own decisions. The big guys have professional resources and large budgets. The best we can hope for is to make informed, thoughtful decisions in a timely fashion to take advantage of situations presented to us. BB

To: Sam Citron who wrote (14345)	4/14/2005 10:11:52 PM
From: BWAC	Read Replies (1) \| Respond to of 25522

<we need to work hard as a team to help find opportunity and avoid risk.> What we need is a glance into the trading Algorithms. All the industry experience and various financial knowledge is useless in the short to medium term against the trading Algorithms. What you know will get you hurt, because what you can't possibly factor in is running the show. And that makes it a MarkIT. As opposed to a Market.

To: Sam Citron who wrote (14345)	4/14/2005 10:33:22 PM
From: Return to Sender	Read Replies (1) \| Respond to of 25522

Sam, that was an excellent post. I'm all for a friendly exchange of ideas to better our collective investment returns. That will never happen unless we have the necessary flexibility to make money in changing markets. I already have gleaned a great deal of knowledge from those who post here. We could do better if we all made an effort to be more tolerant of the investment styles of others. Where do I sign up? Lets start a new thread if necessary and do exactly this: It may not be easy, but I think we CAN compete. What it takes is flexibility and collaboration. Flexibility implies being as flexible in the allocation of capital as a hedge fund or a global financial institution. A top-down oriented asset manager first asks himself where in the world are conditions optimal for investment. Then, in what industry. And finally, in what companies. Effective collaboration implies a division of labor wherein each person contributes according to his time availability and skillset. Some are good at TA. Others at FA. Some have deep industry experience; others have deep experience in stocks, options, economics, etc. I think that if we want to compete, we need to work hard as a team to help find opportunity and avoid risk. If we cannot effectively cooperate in a friendly, open and intelligent manner, then I agree we do not have a chance. Again, Great Post! RtS

To: Sam Citron who wrote (14345)	4/15/2005 2:56:58 AM
From: Cary Salsberg	Read Replies (1) \| Respond to of 25522

RE: "...friendly, open and intelligent manner..." One and two are attainable, but three is beyond most. We live in a society where politicians formulate their campaign strategies to exploit the lack of general intelligence and the ease with which emotional hot buttons are pushed.

To: Sam Citron who wrote (14345)	4/15/2005 10:43:47 AM
From: Cary Salsberg	Read Replies (3) \| Respond to of 25522

RE: "Effective collaboration" Most of my posts occur on the AMAT thread. Since 2001, I have followed a single investment strategy. My strategy includes views that range from the future technology landscape to individual company's competitiveness. I have formulated views of the industry and the nature of its growth. I have posted quarterly tables of capacity utilization versus the more familiar semi and equip revenue. Over 90% of my stock holdings reflect my strategy and I have posted information about my purchases. I don't feel that I benefit from any direct collaboration from members of this thread. I don't believe it is hard to compete against the pros, but my results since 2001 have been mediocre.