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Non-Tech : The Critical Investing Workshop
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To: pinhi who wrote (13783)4/15/2000 4:12:00 PM
From: Poet  Read Replies (3) of 35685
 
Hi Pinhi,

This is a guess, but here goes: I think the Naz will gap down and sell off tomorrow, so I'm not sure we'll get an opportunity to sell at the prices we want. We may have a relief rally in the afternoon, at which time I'll be buying protective puts on my QCOM (kinda like writing covered calls, it's a hedge), as I really don't want to sell.

If you're thinking about selling with the intention of buying back lower, consider what your cost basis was and the fact that selling is a taxable event.

On the bright side, I think QCOM is a real gem and you're smart to have it as your largest holding. Good move. And good luck to you with whatever decision you make.
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