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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: BDAZZ who wrote (93181)7/16/2010 10:03:27 AM
From: slacker7113 Recommendations  Read Replies (1) | Respond to of 196545
 
During this secular bear market QCOM went from 12 to 56. Those believing they could time the ups and downs were left out.

The only people who managed to get those prices are people who timed the market.

Slacker



To: BDAZZ who wrote (93181)7/16/2010 1:38:41 PM
From: Jacob Snyder6 Recommendations  Read Replies (2) | Respond to of 196545
 
<During this secular bear market QCOM went from 12 to 56>

During this secular bear market, which began in March 2000, the best-fit line a mathematician would use to summarize the QCOM stock chart, would be a horizontal line at $42. No net upward movement.

<New wireless tech moves into the masses in an agonizingly slow pace, until a certain point of accelerated growth>

Similar statements have been made on this board, by the Faithful, every day for many years. They remind me, of listening to President Johnson talk about the Vietnam War, or Bush (and now Obama) talking about Iraq or Afghanistan. The latest strategy is going to produce spectacular results, they explain in great detail. Victory is just around the corner, they can see the light at the end of the tunnel, just have faith a bit longer. But victory always stays about 18 months out, while present reality is always pain and disappointment. As the years go by, the ranks of the Faithful dwindle...