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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.54+0.4%Nov 10 3:59 PM EST
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To: waverider who wrote (112734)2/8/2002 11:32:53 PM
From: tcd  Read Replies (1) of 152472
 
>>Clarify how emotional conviction has anything to do with making money in the stock market.<<

Let me ask you a stupid question, waverider. When you go to the store to buy your favorite toilet paper, are you buying it because you hate it or because you have found it's the most comfortable out of all the other brands? That's called conviction. Emotions don't have anything to do with it.

Now when I write that "We will probably go down but from the strength and conviction of QCOM posters, it's an opportunity to average in," what I am saying is that we've all done our homework and now we're going to have to wait for the market to agree with us. I call that conviction which goes way beyond a simple adjective (emotional).

One last thing, you and 99.99% of the population who invest in the stock market probably are investing to make money. But I bet you there's a percentage that just want to see if they're right when deciding upon a particular stock.
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