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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: waverider who wrote (95417)3/8/2001 10:47:56 AM
From: Jeff Vayda  Read Replies (2) of 152472
 
DH: All the niffty press releases in the world are not going to change what is going on now. The fact of the matter is that we are going through a major PE contraction and those who don't understand and ignore it are going to continue to see their portfolios bleed.

Okay, so what?

I might suggest that you will find it easier to look at your monitor if you dont take a personal responsibility for changing everyone's views/outlook. I accept you think there is more contraction to come. Can we get past that? You are not responsible for me or my portfolio's health.

I happen to be very comfortable with a ltb&h strategy. I do not have the interest or energy to be a trader. I can't be bothered with looking under each and every rock for the next tidbit. I will not spend all day second guessing the trade I positioned 10 minutes ago. I dont follow the double inverted - head and foot - post gap - because the day has a vowel in it trading method.

For some it works. For some it is a fun time. Just not for me. I pick a concept and stick with it: Digital moble wireless. Qualcomm. 5 year time frame. Nuff said.

Jeff Vayda

P.S. On the other hand, limtex has been pretty 'up' as of late. I guess we might need a new chicken little after all. :-)
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