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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 151.59-0.4%Jan 30 3:59 PM EST
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To: MileHigh who wrote (65985)2/3/2000 8:21:00 PM
From: Kayaker  Read Replies (3) of 152472
 
I guess I was wrong on the dead cat bounce on the NAZ, for now, QCOM will not tank but I still do not see it getting away from us here. I still expect volatility for now, but I will trade it.

NAZ is close to it's closing high. Feb looks more down than up to me. Have done covered calls on both Q and J (July 250s on Q and Mar 300s on J). Am not usually a CC person, but just cannot see an UP month here. Last few days look like NAZ dead cat bounce to me.
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