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


To: etchmeister who wrote (17387)1/23/2006 7:29:20 PM
From: Big Bucks  Respond to of 25522
 
Etch, yep...I said that. Not denying it. The stock ran up
with the market hype and has since pulled back prior to
options expiry as I expected/said. I still
think it will follow normal pre-earnings trend and move up
close to the upper resistance line. FWIW, even though I've
recently selectively purchased stock in a couple of companies
I am not currently holding any semi-equips.

I'm still holding a fair % of cash and unfortunately, some
F stock which is giving me indigestion.



To: etchmeister who wrote (17387)1/23/2006 7:40:02 PM
From: Big Bucks  Read Replies (1) | Respond to of 25522
 
Etch, are you still upset that Splinter agreed with my
assessment of 450mm wafer equipment development? LOL



To: etchmeister who wrote (17387)1/24/2006 4:36:30 PM
From: Return to Sender  Read Replies (1) | Respond to of 25522
 
OT: >RtS - just stay the way you've been over the last three years<

Etch, I'm not sure what you mean?

I'm extremely cautious with my investment dollars because I learned the hard way I can lose money a lot faster than I can make it.

That said the last three plus years have been the best I have ever had with my trading account. I have more than quadrupled the amount of cash I now have available to buy at the next bottom. That's without me adding a cent of new money.

Sure most of it has come from selling off a long term position rather than from short term trading but I have had very few bad short term trades on either the long or short side.

Basically I know there are many who could have done better, some who have, and others that simply will have to learn like I did the hard way before they find any reasonable success.

My contrarian outlook on the market is well supported by historical data. Given time I will get the opportunity to fully invest at the next cyclical bottom.

In the meantime I have no reason to fool with what is already working well for me.

RtS