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

To: MrGreenJeans who wrote (26652)	11/23/1998 11:44:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Jeans, I don't think Ramsey was giving advice. His post sure got you upset, though. G.

To: MrGreenJeans who wrote (26652)	11/24/1998 12:06:00 AM
From: LK2	Respond to of 70976

RE>If you look at the world environment at any given time, you will surely find a laundry list of reasons you could choose not to invest. But waiting for the perfect time, when there are no devaluations, or unemployment, or bank crises, or an outbreak of peace(God help us!), one will be waiting forever. If this is truly how you feel, you will never find opportunities, since there are always counterbalances to making any investment, whether it be in AMAT or gold or wheat.< That seems to sum up almost any investment, pretty well. Whether you're a bull or a bear, you're always looking for a better place to stick your money, and you don't know where that is until afterwards. RE>our opinions may be right or wrong at times but the market is always right.< The meaning of this phrase is sometimes confused. What the phrase means is not that the market is right on a theoretical basis, but that the market is right on a practical basis--a stock is worth what it's selling for, because that is what you have to pay for it, and that is what you will get for selling it. On a theoretical basis, the market is often wrong. For example, the market has been accused of predicting many recessions that never happened. On a practical basis, the market is supposed to be one of the best economic predictors available, but that doesn't mean the market is perfect. Regards, Larry

To: MrGreenJeans who wrote (26652)	11/24/1998 8:23:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 70976

mr gj, there is more than one to skin a cat. although i'm both bearish and bullish depending on various circumstances, there has been lots of money to be made on the downside, too. that ten bagger+ i made on cmb was real money... i hope... ;-) of course, amzn crushed my put positions on them ;-) pick good stocks and place your bets... this game is not a sprint but a marathon... btw, i find it interesting that the higher the stocks go the more bullish people get. the higher these stocks go, all else being equal, should lead one to become more cautious... the longs, that is... good luck...

To: MrGreenJeans who wrote (26652)	11/24/1998 10:58:00 AM
From: Katherine Derbyshire	Read Replies (2) \| Respond to of 70976

>>Ramsey's concerns are valid concerns They are not valid. This is the greatest bull market in our lifetimes and the advice he is giving is bankrupt! Southeast Asia for example represents 6% of the world's economy by one measure...Russia has a $25 billion dollar economy small by some standards...and so on...get a grip on the facts.<< Why are you so offended by his comments? If you're making more money than he is, isn't that enough for you? Southeast Asia is a small fraction of the world economy, but until very recently Korea was buying a very large fraction of the world's semiconductor equipment. The state of the South Korean economy (poor) should be of considerable interest to any AMAT investor. Russia is a small fraction of the world economy, but Russia's default is directly responsible for huge losses in the financial sector, the demise of Long Term Capital Management, and that market implosion back in October that everyone seems to have conveniently forgotten about. The market, which is never wrong, thought Russia was important in October, and very little has changed in Russia since then. Now, I'm in the market and counting my profits right now in spite of all of this, but that doesn't mean Ramsey's concerns aren't valid. It just means that the market isn't thinking about them right now. IMO, a wise investor would be very careful with profit-protecting stops. Katherine