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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: freeus who wrote (9197)10/21/2000 7:26:56 PM
From: Voltaire  Read Replies (3) of 65232
 
Hi freeus,

I love ya but I swear you absolutely baffle me. First of all I agree with Buffet, but I am agreeing with what he his saying in MY opinion as to what I feel you think he is saying. I feel his point is - if you can't take the realistic aspects of the market and that certainly entails the possibility of dips in the range of 50% or more, then you don't need to be in the market AT ANY TIME.

Now, that being said, the more important point as it pertains to QCOM and RMBS is - not so much will they go to $100 and $200 respectively BUT if and when they should possibly get there and yes I feel they will, WILL YOU PANIC AND SELL WHEN THEY INEVITABLY COME OFF THOSE HIGHS OR WILL YOU BUY MORE BECAUSE YOU BELIEVE IN THOSE TWO STOCKS OR YOU JUST HAVE HOPE IN THEM?

For the life of me, I can't figure out why you sold. My god, in my opinion you were in some fantastic stocks.

The one thing I have tried to do for some people, is take the fear out of the market.

Just think about this, what if you had just had FAITH in what you were in and added like I and others have done. You are sitting on a gold mine but you are thinking with you butt.

You are the last person who should be losing with your money because I feel you have the resources to absolutely kick ass.

I HAVE KNOWN YOU ABOUT THREE YEARS AND WE HAVE BEEN THROUGH ALL KINDS OF MACHINATIONS IN THE MARKET AND TELL ME ONE GORILLA TYPE STOCK YOU WOULD NOT HAVE MADE MONEY ON IF YOU HAD THE FAITH TO ADD TO YOUR POSITION.

I know people get tired of the word FAITH but I was thinking today, I am sorry but that is EXACTLY WHAT IT TAKES, PLUS THE FUNDS TO DO SO.

Don't take this as a personal attack, I just see the fortune you could be making.

V
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