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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Ruffian who wrote (35228)7/16/1999 10:15:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
ALL ABOARD, QRIENT EXPRESS LEAVING THE STATION

available seating to observe...
THE BATTAN DEATH MARCH OF THE SHORTS

/ seamus w/o kilt



To: Ruffian who wrote (35228)7/16/1999 10:23:00 AM
From: waverider  Read Replies (3) | Respond to of 152472
 
Lindy and Michael...
I'm pretty sure you guys have been investing long enough to know the market can do nasty things real fast. I have enjoyed your enthusiasm here but...

The high pitched excitement you guys have been exhibiting is dangerous to your portfolio. I've been there. I know. It is great we've all been making big money here, but be careful. Emotions have a tendency to cause us to do stupid things...at the wrong moments.
Investing successfully takes cold hearted nerves of steel. The second you allow yourself to get overly excited about particular decisions, there is a corresponding effect on judgement.

I'm not saying Q will implode. Hardly. It is a keeper like MSFT was (and still is). I plan on holding my shares for a very long time...NOT interested in playing cute timing games either. And yes I've been happy with my gains...but I am tempered by my experiences in the past. Illogic in the market can take it away in a heartbeat. You may say yeah, yeah, yeah...but it will come back. Probably...but when we have explosive emotions caused by momentary events...the here and now is what matters. That is why a lot of people sell at the bottom.

Good Luck,
Rick
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