You say that but I thought I was sweating blood there for a few days especially since I had bought more right after the drop started. I just kept telling myself that the fundamentals seemed OK. However, I'm concerned that there will be a day when the Fed starts to raise rates and the stock price will tank and some will hold thinking that only the weak hands are selling and they will regret that they were thinking that after they realize that the price went a lot lower than they were willing to endure.
Also, am guessing that some people bought calls back when the stock price was a lot higher than it is today and they are never going to see the light of day on them. You can’t keep jumping in and out or you will chase your own tail but then you need to be able to realize when things have changed for valid reasons as well and act accordingly. Because fearlessly holding will get you in trouble eventually because all stocks reach a point to where you have to sell them less you lose your shirt.
Most companies are not like GE. GE is a rarity. Most companies go out of business eventually, or get bought out, often at a lower price than you paid for their stock. Even Microsoft and Intel are getting worried about whether the software and hardware trend in tablet computers is the writing on the wall for them. The android operating system is Goggles and the processors being used in the Android tablets are made by Nvidia and use the ARM architecture. Even Apple is switching over to the ARM architecture for their tablets. And now they are making ultra light notebooks with a regular display on the inside and a touch screen display on the outside so after you close it you can use it as a tablet computer. I’m sure that both Microsoft and Goggle want THAT style of computer to use their operating system as this may decide who has the notebook market in the future. And it is critical because many home owners and people in business as well are switching to notebook computers and thus whoever owns this market will sell most of the software and hardware in the future.
I’m replacing my notebook computer I use at home and I asked them to install windows 7 and not windows 8. What was Microsoft thinking? I don’t think the surface flopped because of their tablet technology. That was OK though my ASUS transformer tablet is better with its HD display. It’s because of that goofy windows 8 interface. They were right to fire the windows division manager. He deserved to go.
I can’t wait to get the new notebook. It has the i7 3840QM processor and a solid state drive. It should be brazenly fast. No more waiting a few minutes for the computer to boot.