Home on the range where the buffalo roam Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boplicity who wrote (11969)	3/27/2001 12:20:48 PM
From: Sig	Read Replies (1) of 13572

Re Channel: I don't think the charts or channel is the entire answer. On Qcom if one had 10k shares it was once worth $1.92mm, which decayed to 640k. Not too bad, so you zip off to Monte Carlo to play craps. As the plane lifts off on Mar 5 Qcom starts down and in a week you are only worth 470k and one is faced with the prospect of having to go back to work. So with everyone shouting depression and techs getting absolutely slaughtered one has to decide that Qcom will be "different" and not drop farther, So we will buy the dip as the chart says its time. Call the broker from France and say buy $200k of Q on margin, and if chart is wrong plan to fill out some job applications after getting back home from a delightful(?) trip because you may have only 270k left??.. Well that's just not "me" to do the job. I'd tell him to sell it all at any price and start all over. siliconinvestor.com Qcom has to have a lot more going for it than just the channel if one is to buy and hold it. But buying the dip in the channel looks hugely beneficial. Sig

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next