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.

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

To: Percival 917 who wrote (25431)	7/14/2000 8:00:37 PM
From: robjohnson	Read Replies (1) \| Respond to of 35685

well said my friend. trials of the internet catching up w/ me here. it seems my tenant in my building ordered DSL and w/o our knowledge the tech support @ bellsouth.net disabled the whole bldg. wed @ 11.00. today the followup teckies came by to install only to find me pissed and the bldg not yet sync'ed. as of now no connections, like you i'm waiting to enter,sell and trade, now most likely from home until the DSL disroutine is repaired. say hi to the family. rob

To: Percival 917 who wrote (25431)	7/15/2000 8:02:48 AM
From: im a survivor	Read Replies (1) \| Respond to of 35685

<<First thing I would recommend is get CNN-FN if you don't have it and watch it and forgetCNBC. At least they don't have a bunch of Prima Donna know it alls. As far as opinions you are asking if any of us can time the market any better than you. The answer is a resounding NO!! The best story I can give you is about 9 months ago I started to buy a position in Commerce One (CMRC). Well the day I went to buy it is had already jumped 10 points. Well I knew if I jumped in it would go down so I waited. The next day it was up again and this continued over the next 10 days or so. The stock itself went from 50 to about 115. I kept waiting for it to correct and it finally came back a bit. I started to jump and it took off again and I then felt it was too expensive at 150. Convinced that it would correct again it proceeded then to blow through to over $450 a share. Bottom line is you can wait too long for an entry point that NEVER comes. It all goes back to fundamentals and if the company is strong you will be fine at whatever level you take the plunge. And especially take the plunge when the market gives a gift like JDSU's pullback last week. Also as much as we are all moaning about Q's travails, I am still willing to bet that in a couple of years there are going to be a lot of people sick that they didn't buy QCOM at these prices. As always JMHO, Later, Joel>> Joel, again excellent words....could have written that post myself. First, CNBC - 98% of the time it is on with volume down. If I see a news flash on something I am interested in, I turn up the volume, but for the most part, I try my best to not listen. The reasons, have been gone over so many times on this thread, there is no reason to re-hash them now, but believe me, I know exactly what you are saying. As far as timing the market.....wen all have our cmrc's. Mine was qcom last year. For months I kept saying it was going to pullback. Well, I finally bought a little prior to the 4 for 1 at about $230. Kept buying and kept buying all the way up. My last purchase was after the 4 for 1 at $140, when $250 was looking like and easy target.In fact, we went up after I bought more at 140, but we all know where we are today, so no need to go over all this again. Anyway, I agree 100% on it being impossible to time the market or a stock. Nice rally right now...I wish more of my stuff was participating, but what can ya do..... Have a great weekend keith@one lostpuppytryingtofindit'sway.com