You are realist, who is not afraid to change his opinion after what he has seen. Only those in denial, stick to opinions, when conditions have changed. No one can predict the future, but investors that have watch the market a long time like Volt, have an insight (one should always listen to ones gut) that they use in understanding the market. Last week and this week so far, have changed the tone of the market, now is not the time to be a hero.
I have sold off all but two of my small stocks, even some QCOM that I bought in December. I want to own more JDSU as I stated last night, but I want to buy in better market conditions and hopefully at a better price. I hold only QCOM, CSCO, ORCL, EXDS, JDSU, BRCM. My margin level now is only in the 5 digit range, so I have tons of cash, and time is on my side.
Greg--In the long run, what we are seeing is just noise, since QCOM will be higher. |
