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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?


To: DWB who wrote (2210)11/11/1999 7:59:00 AM
From: Diogeron  Read Replies (1) | Respond to of 2346
 
<Heck, I watched for over a year with QCOM, and that will probably go down as my all time luckiest
purchase ever.>

I know the feeling. ERICY is my largest holding in my IRA and it's up almost 500% since I bought it, which is one reason why I put up with JD's mistakes. Having said that,
I'm tempted to sell half of it and buy QCOM even now, which is what I recall you doing many moons ago.

Like you, I've also been "luckiest" when I tracked a stock for a long time. That's what I did with ZICA when I finally pulled the trigger at 2 early in the summer, again at 4, and again at 6 and change. Yesterday, it closed at 12 when they announced a deal with Legend, who partners with Microsoft in China.

As John Bogle, of Vanguard Funds fame said, "Time is your friend. Impulse is your enemy." More truth than poetry, I would have to say.