Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (65936)	2/3/2000 10:02:00 AM
From: jmac	Read Replies (1) of 152472

This squeeze in the bond market is going to preclude the fed from raising rates again in march. Hedge funds have some major problems. Again! I agree with you on support and rsistance levels except I see 148-151 to be major resistance too. I suspect we are going to be between 140-150 for a few days. But, I don't want to sell covered calls now as there are two weeks left and some major news still may come which causes another jump in QCOM's stock. Besides, call premiums are still pretty low to take the risk of selling covered (risk of missing a strong move up is not worth the 4 points you get on the 160s). I do expect 160 to be a Berlin Wall unless a news item breaks it down.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next