One more thing, Robbie...This is not specific to CPQ, but all over SI I see folks saying things like "it's tough to be in technology right now but just hang in there and it'll be back soon"..."I'm on the verge of a margin call, should I sell my Intel??", stuff like this....
If I didn't know better, I'd think we were in the teeth of a long bear market by reading a lot of these boards. The fact is, we are in the teeth of the longest BULL market in history, the Dow keeps setting record highs day after day, as does the S&P...The NASDAQ was off slightly today, but set a record high yesterday. This is a RAGING BULL MARKET, folks !!!!
I agree some individual stocks (like CPQ) have been whacked big-time and are closer to bottom than top, but I just think some folks could be in for a big shock if we really get a DOWN MARKET....most folks just assume it is their God-given right for their stocks to eventually go UP over time....yes, for good companies (CPQ is one), stocks do eventually go UP over time, but even the best companies/stocks sometimes go flat or down for years at a time.
When I see posts like "it'll get better soon..hang in there", I just wonder how long these folks have been investing...THIS IS BETTER !!!!
IT CAN'T GET MUCH BETTER THAN THIS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Even CPQ is much higher than it was a year ago today.
Mark. |
