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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.60+0.1%Dec 30 3:59 PM EST

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To: marginmike who wrote (103200)8/24/2001 2:12:06 AM
From: waverider  Read Replies (3) of 152472
 
One wonders...

with the bears so cocky, the tables have turned, and they are treating any bull with the same contempt they were treated with as they kept saying the sky was falling. Well, it fell for many and here we are...where are we...?

...well, I'm still surfin' and figure it ain't worth gettin' all pissy about what someone said or didn't say 6 months ago or whatever. Good grief!

but still...so where was I? oh yeah...where are we?
We are getting very close to when all the bears will be blindsided by a huge move on the upside and will be in denial for the entire next 1000 point move on the NAZ
...missing the bottom out of fear. Just human nature.

And where will Uncle Frank and those who hung on through out it all be? A hell of a lot richer than they are now and wiser to be sure.
But I suspect that their LTB&H strategy will win in the end regardless of the rare sucess stories of people who have been able to time things just right 'cuz thoughout it all it still seems purt-near impossible to time it right the second time around.

Have I ever told you guys about the 100 shares of GE my dad bought me in 1973 when I went off to college? Just like all those dumb Joe-6-Packs (J6P) the bears like to make fun of, I just sat around drinking beer and never did anything with them. Figured my cost basis the other day...just over a buck. Wow, how stupid I was not to be concerned. And just think about all the beer I drank instead of watching the DUMB ASS MARKET EVERY DAMN DAY!!!!

Ah, that felt good.

Got some Cisco yesterday for $15.86. Think I'll give it to my son when he goes into 5th grade this year.

<H>
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