<<When you look back at the stock price today you'll laugh and wonder: "Why didn't I buy 50,000 sahres"? >>
Probably ....and hopefully, the same with beaten quality co's like ORCL and JDSU....who cares if you buy at $7 and it drops to $3, as long as 10 years from now it is much higher then $7........I can't time a bottom, nor how long it will last, but I will be quality when it gets real cheap, and be patient until a recovery happens, hopefully sometime in my lifetime. I will buy in to each stock slowly, so I can add every $2 drop...already have nice sized position in JDSU under $10...bought at $8.50 and $6.80, and will keep buying......already have some sunw, but will add a little at $9 and then keep adding every $2 drop....same with ORCL, FDRY, EXTR, NTAP and a few others......start the small position on a nice dip to get on board, but dont blow the whole wad...be prepared to buy all the way down....and then be prepared to wait it out and hopefully these quality companies will reward us with buys at $10, $8, $6, $4 and $2......if they get that low...... |