Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: MileHigh who wrote (56706)	12/25/1999 12:46:00 PM
From: 16yearcycle	Read Replies (2) of 152472

MERRY XMAS TO EVERYONE!! Mile High, I've thought of little else the last 3 or 4 days. The plan all along was to hold until about 1/15 and I recently moved that date forward a bit. But there were several thing that happened this week that have me concerned: extraordinary frothiness followed by very good news coming out causing a couple stocks I have to go down. When bad news no longer causes a stock to go down, the bottom is in. Likewise, when good news no longer makes it go up, the top is in. I think we have are very close to the top, so my staying on margin is now foolish and I will be getting off of it immediately. I will still be 100% invested when I'm done. So much money can be made at obvious bottoms, there is no point fighting for the last dollar now.

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