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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: SpudFarmer who wrote (1631)4/16/2000 11:21:00 PM
From: SpudFarmer  Read Replies (2) | Respond to of 12233
 
Just in case anyone was wondering, Q earnings will be in line with estimates. How everyone will react to this is another Q-uestion.

Some things that are certain:

1. Who/what will be first to rebound, given the assumption of a recovery? Those companies that are growing the fastest and/or have earnings? Recent history has answered that.

2. Went into a brokerage Friday afternoon (Markets were closed) and there was a line outside with people DEPOSITING checks. The lady said that some were last minute IRA's and some were margin, but MOST (mine included) were just plain old deposits. A 'reverse run' on the 'bank'? I bet you won't here about that on the news.

3. The slate is clean and it is time to get back to basics for many. Nothing has changed, except perception.

4. Has anyone bothered to look at a 1 yr. chart on Q? Even though a 100% decline has occurred from the $200 high, the recent plunge is small in comparison. For those who have lost most everything, this is of no consolation. But, for those who are starting or want to average in, this is a gift which will not stay under the tree for long.

But remember, recoveries are usually slow and rocky, unlike declines. But the wagon lumbers on...

Q rocks, just a matter of time...



To: SpudFarmer who wrote (1631)4/18/2000 2:01:00 PM
From: SpudFarmer  Read Replies (1) | Respond to of 12233
 
"Sucker rally fear 500!"

So where are we? Looks like the plan came to pass again (#1631). So now there are the 'experts' once again saying there is more downside and no one should be in the market. What a statement. As long as the market exists, there is always downside. Sounds like I should be buying more!

So do we allow people to make us afraid to buy into a recovery due to the fact that we MAY look like "suckers"? Well, I guess if one is afraid of looking bad more than the inheirent risk of making money...sit by and watch.

But, if one isn't concerned about how you MAY look SHORT TERM, accumulate more. My biggest regrets were from "I regret not buying at $XXX". How about you?

Yesterday we hit first gear. Today we hit second gear. How many gears to go? Overdrive? Flat tire? We'll see...

Q rocks, just a matter of time...RRRoooommm, RRRoooommm....