<<<<So, what's a very long Q investor to do? >>
jmac
The wise thing,NOTHING. :)
Cheers
Ed
>>
C'mon Ed...you don't mean that for one red second. Quit pulling jmac's leg..........The wise thing is to BUY, BUY BUY....on any dip. The leaps look great...a no brainer.
To be succesful in this market you should be selling when others are buying and buying when others are selling.
Ya know, we all know the basic investor 101A rule...BUY LOW SELL HIGH. I mean, it is the first thing we all heard when getting ready to invest our very first dollar. Yet for some reason, 85% of the population does the opposite. They see something up 1500% this week and want to get aboard, so they buy high. It crashes to earth, they panic and sell low. Why does this phenomenon happen? It is a combination of things. 1) It is human nature to be greedy and want to jump aboard something that has risen greatly, and adversely, we panic and human nature forces us to sell when things look bad (2)Because this is exactly what the houses want and how they want it. They are aware of how human nature effects people. A simple hint of interst rate, correcion and etc, etc, and they create the human nature turmoil and here we have a complete cycle.
Folks, be smart. Stick to the 101A rule...buy low, sell high...there is a reason it was the first thing we learned.
JMAC...relax my friend. In 2 years you will wish you had bought 10 times the qcom you currently hold, so quit sweating the small stuff. If your not going to take advantage and buy low, then at least relax and hold your shares and quit worrying so much. If the story doesnt change, Q shareholders have not much to worry about long term. |
