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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.20-3.3%3:59 PM EST

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To: waverider who wrote (96622)4/3/2001 1:13:20 AM
From: The Verve  Read Replies (2) of 152472
 
Rick,

It sounds to me like you plan on re-entering the market when the signal is clear...

Isn't that a form of timing?

How does one know when the time to jump back in is?

If one has investment capital that they don't need nor plan on touching for the next 10 years, what should they do?

Dump it all in a CD?

I think I see where you're coming from...your particular approach is best for you. If it allows you a certain amount of psychological comfort, then go with what feels right. It's hard to put a price on sleeping well at night.

But I don't think you can come to the conclusion that we're due for a protracted bear market because of what happened from '97 to 00.

Nobody absolutely knows what's going to happen in the future. One can make an educated guess, based on macroeconomic factors...

What I DO know is, there's a whole mass of humanity that is getting up tomorrow morning, going to work, hustling to make things better for themselves and their families, buying technological tools to make their work easier and more productive. That ain't gonna stop anytime soon.

I've got plenty of time and plenty of patience.

In the meantime, I'm still singin'...

"Gimme some of that ole-time ltb&h religion"

Verve

PS Kudlow on NAZ 10,000 by 2010
gilder.com

I suppose one can fashion a strong case both for and against, depending on which side of the fence you find yourself on...
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