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

To: Paul V. who wrote (25131)	10/9/1998 10:08:00 PM
From: Big Bucks	Respond to of 70976

PV, You must not have been reading all my posts, I bought sometime in early summer at around $29 and sold again on a run up to $34 and have been sitting on the sidelines in govt sponsored securities for 2+ months, waiting for this current market scenario. Do you still have some of the private messages that I sent to you over the last 6 months relating to my market projections??? I am waiting for a daily closing price of < $22, where I will fire a small volley. I have found that following a market timeline plan combined with a base "buy in" stock price plan has been very rewarding with minimal downside risk. I have previously stated that once I established my initial "buy in" price that I would continue to buy with every $2 drop in price. If I am lucky, I should be able to "dollar cost average" around $16-$18 a share, but even $20 would make me happy for a 4x-5x gain at some point, I may elect to get in and out if I see the short/mid term potential of 25-50% returns on market volatility. I find that a dynamic plan, one that allows flexibility based on market/stock/economic events, is the best style of investing for me. It has forced me to become knowledgeable in economics, market analysis and research, investor/market psychology, TA/stock analysis, historical market precedence, along with other interesting facets concerning investing. The downside is the time it takes to analyze and rationalize all the information, the upside is the $$$$. I can honestly say that I am still learning but feel pretty good that I am less likely to make costly mistakes by being too rigid or single minded in my approach. I am continuing to watch market/global events unfold and am posting any useful tidbits of information that I think might be useful to the AMAT threaders (similar to your DW sector data). Hopefully that has benefited some of them and me. Still waiting. Regards!! BB