>> we are going to stop this bleeding sometime soon, aren't we?
I'm all for stopping the bleeding, TB, and feel it has been greatly overdone. But sometimes these corrections take on a life of their own. People panic sell and drive the stocks down, and others get margin calls and are forced to sell, driving the stock down, and the bears smell blood and sell short, driving the stock down, etc. Then recovery is delayed by recent owners who are upside down are just waiting for the chance to break even. I think our Gorillas, such as csco, intc, and qcom (msft being a special case), are the cream of the Naz. They have been the last to succumb and, if our theories hold true, will be the first to recover, but I'm not looking for an overnight return to form.
Imo, the only acceptable solution, since timing isn't my forte, is to play ostrich and let this ugly little mess play itself out. In the interim, I'm going to bone up on the fundamentals of my holdings and try to read the RFM and the Innovator's Dilemma. I'm a pretty fast reader, but I hope I run out of time <gg>.
uf |
