Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: limtex who wrote (13269)	8/3/1998 10:35:00 PM
From: marginmike	Read Replies (2) of 152472

I dont want to break the news to you, but weve been in a bear market for 6 months. Ignore the noise you hear on CNBC 80% of all mid and small caps have been hit15-30% especially in technology. The only corection left is for the big boys LU, CSCO, AOL etc that have stupid valuations. I think we have a little more pain to go, but frankly prefer this moving drawnout correction to a 1000 point down day. If we end the year at 8600 we would still be up for the year and the dow would have had its 8% correction. Even if we go to 8000 the gains for three years are still great. Take into account history shows that you will lose more by being out then, then takinga hit and waiting. There is no way to time markets. I sold many stocks last October, thought I was pretty smart, missed the mini crash. I didnt get back in on time and missed the run to 8400. I think the best aproach is to really understand the companies you have and dont leverage yourself. This way eventially you will make nice returns. The market long term really goes in one direction.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next