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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (1642)6/3/2002 9:54:08 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 17639
 
<<Of course, this is probably a bull siren song....Jorj calling the bottom with a contrarian post.>>

Quit using reverse psychology on your post just so it will go your way <g>



To: Jorj X Mckie who wrote (1642)6/3/2002 11:58:08 PM
From: Libbyt  Read Replies (2) | Respond to of 17639
 
Lots of blaming going on where people should be taking more responsibility for their actions.

My list of "hearing" others whine could go on and on....you didn't get in a great college, blame your parents (they obviously didn't provide the right tutors); too fat...blame your genes; you had a baby with a birth defect, blame your OB; spill coffee on yourself, blame McDonalds...and of course blame Florida and Canada for every problem we've ever experienced. (blame those hanging chads!!!)

I've just never seen so much whining by so many different people in all areas of life!!!

that there is, and has been, a tremendous amount of risk in the market that has been ignored since last September.

I agree with you that there is a tremendous amount of risk in the market....but I *don't* feel that risk has been ignored. IMO some of the wild fluctuations we've seen in the market are due to investors feeling that risk. But...bottom line is that all of life involves risk. Everything in life involves taking a risk...whether you're walking across the street, deciding to invest, starting a business, getting married, having children, getting divorced. There are no guarantees in life, and everyone, every day faces various risks. Investing in the stock market IMO is just one "risk" to add to the list.

read the analyst views on QCOM and look for the one that has an $82 target.

IMO very few people "listen" to what an analyst has to say...a result of the "blame game".

And of course, as long as there are stocks that people "refuse to sell", we can't be at the bottom.

IMO you will always find stubborn people <g> who say "enough"...and refuse to sell. IMO there are investors who own a diversified portfolio, who believe that the best place to "put their money to work" is in the "ownership" of U.S. companies through investing. These investors don't want to invest in gold bars, gold mining companies, foreign markets or bury their cash in their backyards. They are willing to take the risk/reward of investing in U.S. companies, during these stressful times.

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"We all live under the same sky, but we don't all have the same horizon."

Konrad Adenauer