Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Voltaire who wrote (61546)	1/11/2000 11:37:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

gotta sneak my two cents in here the selloff in first week of January this month was a warning I expected about a 10% selloff and quick recovery last week this is a warning to be heeded I expect each selloff following runups and stalls to be just as severe (at least) last week we saw 180 to 140, which is about 23% in decline next selloff has one more news item behind us -- earnings the more realized events gone by, the more the selling lost ambiguity means lost value temporarily my current plan is to sell atmoney calls with raised cash, buy atmoney puts I call it a "cashless hedge with 100% delta" the more a stock goes up, the more susceptible it is to selling cannot avoid this truism the smart will return at lower prices the sheep will just get sheared maybe that was three cents sorry Molloy, you are right -- my TA is pure bullshit thanks for the thoughtful words, as always when we meet, the depth of impression I make on you will be inversely proportional to the depth of your thought process just figuratively, of course your intellect and breadth is NO match I dont think you would make a good sandbox partner / Jim

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