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Strategies & Market Trends : Options
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To: steve mamus who wrote (36)12/26/1999 8:22:00 PM
From: Poet  Read Replies (2) of 8096
 
Hi steve,

My two cents about price movements in QCOM this coming week:

Based on Jim Willie's and Vendit's reading of the QCOM chart, I'm expecting a fall to support, around 450, tomorrow, followed by a slow retrace to 500 by the end of the week. I'll be looking to add some Jan calls if we get to the 450 area and will position trade them for cash, as I'm looking to exercise a few JDSU January calls.
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