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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: limtex who wrote (36773)7/22/1999 11:38:00 AM
From: marginmike  Read Replies (1) of 152472
 
I am just bearish on the overall market. When the sh-t hit the fan last October I was buying(made me rich in fact). however at this juncture my opinion on the market is that a correction is due. I dont like corrections, because they require me to time my re-entry which is somewhat stressfull. I am still the same happy go lucky guy in all other regards. However we are now entering a dangerous 3 month period in which a correction COULD turn in to a disaster. This y2K thing has a lot of people spooked, and people will pull money out of stocks and buy bonds. The fact that thats so obvious is the only reason I think it may not happen. I am the consumate Contrarian investor.
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