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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (20688)5/29/2000 7:34:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 35685
 
Hi, Freeus...the wind is blowing hard here in the desert canyon and I'm restless tonight. As it's only 4AMish PDT on a Holiday no less, I thought maybe I'd try some porching till I get sleepy again. So, I found your notes.

While I'm not capable of "deep" thoughtful answers at this hour, I sure can answer that one about where to put the word "Price." You are correct: Please put the word price as close to the vertical axis, the OUTSIDE one as you called it.

And I can address your second question, altho' not fully "answer it" at this time, due to the hour of the night, ok?

Yes, QCOM @ $52 (not $36) per share IS a distinct, unemotional possibility, but!!!!.... I'd like to reserve a longer, more specific discussion until the Directed Observations and Activities exercises/section--based upon our single Visual Aid--is completed....later today if you would grace me.

To answer you more fully at this time would mean I'd be jumping ahead just a tad to Support and Resistance Regions/Bands identification, which I haven't articulated yet. I AM mightily encouraged you spotted a possibility, PLUS had the courage to utter the number: $36....albeit with a shudder heard clear on my side of this laptop monitor!!!

That utterance/articulation took courage and gumption, Freeus. However, YOUR utterance ALSO took away the emotional "surprise" element from $36 first being uttered by some other "advisor"--be they paid or free, altho' I believe that number to be on the "low side" at this juncture. Please "squint again" at what you saw, and re-calculate the math between $36 and $68 on the price Axis [typed in on the left in this particular Visual Aid] I believe you'll see one way I came up with $52.

Meanwhile, by being the first to utter "$36" to yourself:
1) You've been spared being scared to death "from without" and have instead empowered yourself with YOUR OWN critical observations from deep within.
2) You have enabled YOUR skillset/action plan creation to get underway, internally, IN ADVANCE of this potentiality. Advance awareness=precious planning time! Atta-woman!!!

While all risk advisories intone: "Past action does not predict future action nor guarantee future profitability", which is all true,..."forewarded=forearmed!" is a powerful position to find yourself in...that is, AFTER the shudder subsides!!!

I think I'll just sit here and play some solitaire now until the soothing porch breezes create heavy eyelids. However, I wanted to ratchet down your fear level a little by adjusting your $36 upwards about $16 worth, OK?

Later, Freedom Woman!
O/49r