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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.13-0.5%9:32 AM EST

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To: Maurice Winn who wrote (16060)10/6/1998 6:22:00 PM
From: Don S.Boller  Read Replies (1) of 152472
 
Maurice: YOU MAKE SOME INTERESTING POINTS..........BUT
I have to agree with Doug. I don't want to speak for him but, let
me say that I have no delusions about being able to pick the
bottom (in either a given stock OR the whole market)...no more
than I could have picked the top(s) !!! However, THAT DOES
NOT MEAN THAT I CAN'T SEE A DOWNTREND ONCE
STARTED....the market doesn't ebb and flow with the regularity
of the tides BUT is does ebb and flow. Sure, I know that we
are living in A New Era (i.e. no more bus. cycles, etc) but, that
does not mean that we have repealed the instincts of THE HERD
and waving a white flag in front of the stampede - is suicide.
But, then, I could always be wrong - of course.
Don
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