Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.82

+0.1%

3:59 PM EST

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To: JohnG who wrote (50977)	11/18/1999 11:47:00 PM
From: Jim Willie CB	Read Replies (3) of 152472

JohnG, who the hell knows the depth of the short option call positions by MM's ? FloorTrader twice has mentioned it with alarm we all know the depth and stupidity of anyone who shorts the gorilla a couple of investment boutiques failed or almost went bankrupt this spring why shouldnt MM's get their asses handed to them by the gorilla? ... spare nobody ! MM's are apparently waiting for the last day, maybe the afternoon session, in order to cover they probably allowed the naked positions to continue out of ignorance of QCOM's awesome future, figuring gravity rules... but gorillas defy gravity for the most part... you gotta toss out the old principles with emerging gorillas I expect a futile attempt in morning to drive the price down... my 3/8 retrace mark of 335 will be tested again for certain... a sharp upward move from the 330's or 340's during lower retest is sure to build racing stripes on MM drawers what I wouldnt give for a floor seat but I expect the moron MM's will be getting phone calls from their managers ordering compliance by 11am... that is when I often got them when dancing with non-simeons in my misguided past... they will likely to told to cover them almost immediately it could get bloody on the upper side I sure hope so... 50-75 pts would taste good during the weekend while I make my world famous pecan and cherry pies / Jimmy Jackass

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