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

To: Jacob Snyder who wrote (12566)	12/2/1997 4:46:00 PM
From: Paul V.	Respond to of 70976

Jacob, I agree with you. The risk of getting caught out of amat or the market runup is just to great. Trading in small shares unless you are trading online is to costly and reduces any potential gains you may make plus the risk of missing the upturn. I would rather have some extra cash avaiable and when the market drops buy in. Just my opinion, Paul V.

To: Jacob Snyder who wrote (12566)	12/2/1997 5:27:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Re: I would love to be able to do it, but I'm sceptical about doing it consistently. Jacob, I too am skeptical anyone can trade successfully consistently. I am the first to admit I am a terrible trader, probably the world's worst and this is no exaggeration. However, with a holding like AMAT, one almost is forced to do some short-term trading. I say this because (1) if I go long and am stuck with the stock I would not mind beacuse of the company's unique position in a segment pivotal to the 21st century as we will know it(2) its volatility allows the 5-6 point gains here and there and (3)and over the long run you can be certain of the trend AMAT will take-UP! Regards, brian

To: Jacob Snyder who wrote (12566)	12/2/1997 6:08:00 PM
From: derek cao	Respond to of 70976

Jacob, what a challenge! To all, if anyone want to bet, I will bet $10 that nobody is able to answer jacob's challenge. I will be glad to lose the bet. derek

To: Jacob Snyder who wrote (12566)	12/3/1997 3:21:00 AM
From: Math Junkie	Read Replies (1) \| Respond to of 70976

The problem with trying to trade in and out on volatility is that one can get so focused on it that one ignores the big picture (like the fact that most of next year's appreciation had already been priced into the stock last September, for example), and thereby end up on the wrong side of things when the big moves happen. (Speaking from personal experience.) One thing I've definitely learned is that greed can get in the way of making money.

To: Jacob Snyder who wrote (12566)	12/4/1997 9:15:00 AM
From: Pat Allen	Read Replies (3) \| Respond to of 70976

Hi Jacob, re: Consistant Day Trading Results (good or bad) I've always been a buy and hold person but I've got a little extra time (sitting out a noncompete contract) and a little money I can loose so I'll give it a try. (I'll limit losses to $2,000) I suspect there may be some things in the favor of the day trader but they probably account for only a few percent and only apply when large up or down trends do not exist. If I'm successful I'll post my thoughts. I'll trade AMAT and post my transaction within 10 minutes of when they are make so you'll know they weren't made with not hindsight. If it gets to boring for the thread I'll send them e-mail or just discontinue. Dan & Patti