Frank, I bought in at 22, 20, 15, and 12...luckly for me, my average cost is ~16. I own a ton of it. The retracement has already taken place, and I bought the whole way down. Actually, this goes against my rules and guidelines brochure, but sometimes I make exceptions<ggg>.
Regarding MSFT, she looks so beautiful swinging amongst the branches in the trees. I'd rather just not disturb her while she's on a roll. She will blast through this all time high level, and earnings will be simply awesome.
Too many shares o/s to be the big mover she once was, however, and unfortunately that means only those die hard MSFT fans still have the strength to endure the slow ascent northwards and be able to publicly cheer about it on a daily basis. As you know, I am one of those sick and desperately in need of help individuals!!!
But anyway, rest assured that this Q is different than Qs of the recent past. I am expecting great things out of the tech sector in the near term and through the end of the year, though I am yet to figure out how Y2K will effect things.
Keep your fingers crossed for tomorrow. It could be the day that MSFT finally confirms this NASDAQ breakout is for real. And BTW, the Q will be just fine. Sleep well, my friend.
Teflon |