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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: jmac who wrote (2468)9/20/2000 10:12:23 AM
From: Ex-INTCfan  Read Replies (1) of 65232
 
Personally, I'm not in any hurry for QCOM to reach 100. My most comfortable investment style is LTBH, and these sudden moves up often result in sudden moves down. I was more comfortable, for instance, when CSCO was doing its slow and inevitable climb. The mo-mos jumped in and shot it to the mooon late last year and early this year, and it's been screwed up ever since.

For the long term good of this market, these swings need to settle down a little. This is only going to happen if enough people get burned in each direction to quit betting the farm on short-term moves.

INTCfan
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