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Non-Tech : The Critical Investing Workshop

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To: Cosmo Daisey who wrote (14357)4/17/2000 9:58:00 AM
From: Jim Willie CB  Read Replies (1) of 35685
 
I sold 25% of my QCOM shares to meet margin call
of course at the low just after the open, at 100

still maintaining large margin balance

Q looking good so far, at 108 RTQ
should be resistance at 112-114, then much bigger at 120-122
the slower we move up, the easier it will hold & continue

dont be too concerned about seeing more declining stocks than advancing, since that is normal on recovery stages where people first hunker down into the best big names

friends of mine took no chances and sold what was required, without waiting

very curious inner conflict:
pleased to see QCOM recovering, yet upset for selling at the low
feeling like I lost a left arm for this recovery in the next several weeks, yet still worried about being wiped out down to QCOM = 80

strange days
/ jim
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