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

To: Ron McKinnon who wrote (65274)	1/30/2000 12:14:00 PM
From: Uncle Frank	Respond to of 152472

>> it is an interesting study in human nature that so many people, once in a stock at a loss, hang in and hope and pray to "get out even" No surprise, Ron. If you go to Las Vegas, you'll find hundreds wandering in the streets, mumbling the Gambler's Prayer: Dear Lord, please let me break even! uf

To: Ron McKinnon who wrote (65274)	1/30/2000 12:59:00 PM
From: Sawtooth	Respond to of 152472

<<that is the time to buy, not sell>> Well, that's the way I tend to look at it, too, Ron. Not sure if that's the prevailing strategy in the market, or not. No guarantees that it works out for the best either way, of course. Much soul searching required at that point. My main point was that the resistance levels to be encountered after a nearly 100 pt/50% drop from the high are likely to be numerous and more difficult to predict; compared to a stock with a 20 pt pullback. Not that I'm personally concerned about them because I'm viewing Qcom through my 2005 time-o'-viewer (tm). ; ) Best. ......VVVVVVVV