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

To: marginmike who wrote (36843)	7/22/1999 4:02:00 PM
From: waverider	Read Replies (1) \| Respond to of 152472

Mike...you're cool...otherwise you probably would have said worse. Look, I just want to get across the fallacy of trying to predict the reactions of an irrational market run by emotional maniacs. That's why I like to make fun of all those chart masters...lordy, the last one about a little Indian formation...Please! Anyway I know you've been here a long time (we both have) and that you are obviously a good investor otherwise you wouldn't have found Q, bought Q, stayed with Q...etc. But I think it is important that we always remind ourselves that our predictions have a tendency to backfire on us bigtime. I traded Q often in the old days. Lost a few, made a few. I even pulled off what you did this AM (during our recent moves since Feb) and reinvested it at a lower price...twice...it was the 3rd time that did me in...cancelled all my gains in a sense by losing a 10 point move. Anyway, I hope ya make millions and we can both buy each other a drink at the next Q meeting...that way, each transaction will cancel out and we'll be even! :) Take Care, Rick <H>