enthusiastic,re:"when to jump in". This question is easier to answer
now than when MSFT announced the 'positive earning surprise'.
If money is going after you, you'll get it.
If money is not going after you, you will lose it, somehow.
Sorry, no TA info. here, just philosophy.
If MSFT becomes 50% price appreciation annually vs. 100-300%, you
would still be better off.
Someone suggested dollar-cost average seems to be an excellent idea.
Say you buy at 100 now, buy at 90 later, buy more at 80, and then
the stock goes to 120. You figure it out.
You have to believe in yourself and the stock and keep doing what
you believe. Sad to me, I did not do what I (and wife) believe.
We got lucky to have bought some before the announcement. We knew(or
think we knew) that 86-87 (Jump) was the NEW BOTTOM. We meant to buy
more but still waiting like you. Now we are hoping the market crash
so we can buy more (what a stupid idea, considering my mutual fund
will also tank).
Honestly, I hope I have better things to do than watching stock
market. It's not worth it. Just keep buying and don't look at it.
Diversify also. MSFT is the ONLY high tech company just keep going
up and up with 10-15% correction once in awhile. All other high-tech
leaders still suffer the cyclical nature of business.
Let's say MSFT hints win95 may not work perfectly with other NEW
stuff and ALL YOU people have to buy win98. What are you going to
do if you have a PC. $30-$100 upgrade is not a big deal to an
individual with a PC, you know how much MSFT get. I wish I knew.
It's much more than my 100 shares. |
