Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (33424)	11/14/1999 8:05:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 99985

>>QCOM would have been a great buy a year (or even a month) ago.<< Or, say, this week! I bought it for 296.50, sold @ 328 only to double down later the same day @ 330, sold the double @ 362, reentered with 1/2 the # of shares @ 386, sold @ 392. Now it may indeed go down 50 or even 100 points, but I would NOT be short this stock. Shorting the Q is a way of not being nice to yourself....My problem with "beaten down" stocks (and by the way, I've tried them in the past)- to buy a beaten down stock, you really have to have a value mind set. That isn't a wrong mindset, it just hasn't been a paying one, thus far. All, of course IMHO!