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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (190)9/27/1999 10:26:00 PM
From: Jim Willie CB  Read Replies (1) of 35685
 
Jill, what do you think about my plan?

I tend to be somewhat aggressive
need the advice of a bright woman
too many damned men on these threads
such chest pounding, aggrandizement, negativity

even a supernumerary sphincter appears who implies he plays Omar Sharif's favorite game

some technical simple methods point to a target of 225... FatherVolt envisions 235... I hold shares with a decent sized margin... when we get to 220, begin selling off margined shares... usually the price series shows the retest of highs, whether it be 225 or 235... if a retest shows reduced strenkth in form of lowered volume and diminished RSI, then I raise even some cash from equity shares... finally resist temptation to either sell covered calls or buy open puts

if and when QCOM comes down 5-10-15%, pounce back on common shares, while gathering back some margined shares for Christmas scream run

maybe even sell some puts after a decline and stick them in a Christmas stocking

how does that sound?
a young man must plan
the seat of the pants only gets a guy so far
thanks for any shared view
/ Jim Willie
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