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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (12890)4/13/2000 7:35:00 PM
From: ZOOB   of 35685
 
Hi Voltaire: Seems like the porch is under a bit of pressure. We all must calm down and approach things sensibly and analytically. Many of us fear a margin call. My thoughts are that if we go lower, it's short-term. Personally, I have a highly concentrated position in QCOM. I'm new to options and frankly feel more comfortable with protective stops at certain levels. We all remember the recent bounce off of 124+ last week. We previously had support at around 120. My last buy was at 111, just prior to a run up to the 130's. I'll probably place a stop in the high teens and also at 110 but really hope we don't approach those levels.

Phsycology plays a major role in this game. Time is on our side.......be patient. The "Coming into the Buying Range" thread went down the "tubes" because of the pressure during rough times.

I don't post often but have read everything on this thread. Let's try to maintain the high level of analysis/opinions. You folks are a true part of my life.
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