Hi KG4
I've been reading your heartfelt post over and over again. You've written my story as well - just substitute Jdsu for Qcom. I constantly say to myself, sell on the next rally, but then I don't because I believe in both J and Q and I keep thinking that they just need time to catch up with themselves and they'll be fine and I'll be fine and hell, we'll all be fine again. In my heart of heart I know that fibre optics and wireless will pave the way in the future and that these two companies are the leaders in their fields. Nothing has changed since I first invested in them and that's why I hang on. I do other stupid things though. Like buy ELON at 52 and don't sell it a few days later at 69. I still get greedy.
But what I don't understand, for lack of sophistication I suppose, is why is it bad for there to be low unemployment; for people to be prospering and secure in their lives and future. Isn't this what we are supposed to be striving for our society? Isn't this what we elect our governments for - to provide an environment where we can work hard, be reimbursed fairly and adequately for our efforts and be able to take care of ourselves and ours without looking for welfare, etc.
Why in God's name do "they" say, people aren't afraid enough? What's so damn good about been afraid. Why do "they" want capitulation? Why is it better to have foreclosure, unemployment, financial worries? I've posed the question before. But, I'm merely an unsophisticated small time retail investor trying to retire gracefully. Not an economist, not a banker, not an astute statistician, nor a savy investor. Maybe they know.
As far as liquidating, at this point for me, it's too late. IMHO
Rose |
