Hey Greg,
I read somewhere today- in all my gadding about on these threads- that EMC is up 80,000% over the last 10 years.
That scared me. And now, we have many techstocks going to 52 week and all-time lows. It all makes me think something bad is in the offing. Not just the weak Sept./Oct. thing, which is here despite the fact that everyone was expecting it. But kind of a bad period that will last a while- AKA, bear market. These parties have to end sometime, and 80,000% is an insane run. I have failed far more often this year going long than I have succeeded, unless I was very quick. It feels different this fall than last, at least to me. Just last year at this time,approximately began my big experience with Qcom. At the time it felt like the markets were going to be in a golden time thru at least the end of the year (1999). Now unless you're constantly switching to the stocks that are still rising, you're losing. This is becoming a smaller and smaller step to stand on, and it doesn't seem healthy. I'm wondering if we'll all look back years from now and say, if only I'd left the party at the end of 1999. I know I wish I had! What do you think about the overall scenario? Do you have a fallback plan if this expected late Fall rally doesn't materialize?
Thanks,
Kate |
