Good grief, look at how many buyers are flooding in to buy QUALCOMM. Already 15 million shares bought today.
It's like a lolly scramble. This happened in 1996 when QUALCOMM suddenly dropped to 32 from 40 in a big drop. It never returned to 32 and many made out like bandits in the panic [by buying at the bottom].
When QUALCOMM is $60 again in a couple of months, people will kick themselves for having sold and others for having failed to grab the opportunity when it was there.
That's what I see when I scatter the chicken bones and examine them for patterns.
The end of the world has never yet come and I don't think we are seeing it now, though it's a lot of fun scaring ourselves into buying gold and watching the fur rise on our forearms and feeling it on the back of our necks.
Life is much more prosaic these days, [911 notwithstanding],
Mq
edit...make that 16.5 million shares today...ooops, refresh and already 16.7 million.... big selling/big buying...no, 17 million now....[15 minutes ago, not realtime]. 17.2 [hmmm, a couple of million shares in 10 minutes]. 17.5 [note to self, get realtime streamers set up again]. Bloody hell, $35 and 18 million... BIG seller[s] 18.30 .... 18.8 I once watched Yahoo! soar to its peak and seriously thought about shorting for the first time ever. This seems like a comparable panic down. Get drink of water, go to loo, now 20.20 [vision?] 20.5 at $35.20....crikey...running out of edit time...20.8... time's up..$35 even...going down..... |