Tidbits Message Board - Msg: 13933302

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To: Didi who wrote (428)	6/23/2000 10:05:00 AM
From: edamo	Read Replies (1) of 1115

didi....qcom calls... july 65 are at 9 1/2 x 10 july 80 are at 3 1/8 x 3 3/8 i believe qcom is in an uptrend.....but the july expiration is not so far away.....the position is about neutral, i would look to close the july 80's, let the 65's run, but monitor closely... choppy market, still better to conserve, use time as your ally, take profits even if meager when available and reinvest on any pullbacks.... comment of "maybe earnings or news will help" also apply to a further out expiration.... ed a. p.s....compare again the trading patterns of qcom and rmbs...both with news or rumored news....rmbs opens/gaps high and tends to trade below the open...qcom stays close to and above open...indicating perhaps demand/buying rather then short covering....

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