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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: limtex who wrote (106496)10/8/2001 2:48:25 PM
From: waverider  Read Replies (1) of 152472
 
L, I have learned the hard way not to allow anything other than the market to help me figure out what to do. No investment strategy works forever and the market has put the LTB&H thing out to dry...for now. I am strickly in the trading mode and have a firm set of rules to keep what I have from bleeding anymore.

Your logic is sound on a fundamental basis. Unfortunately it is the fundamental basis that has decimated our portfolios.

The market is a short term date and she will only give you a good time if you are wise to her tricks...and your own failings. Until she turns into something I can consider spending more than one night with, my stock positions remain on hair trigger alert.

BTW, QCOM was stopped dead in its tracks at the resistance point. I saw the signs and traded accordingly.

Sorry for being such a stick in the mud. I really dislike being in a negative mode.

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