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Strategies & Market Trends : The New Economy and its Winners

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To: Olu Emuleomo who wrote (957)7/7/2000 1:05:46 AM
From: Libbyt  Read Replies (3) of 57684
 
QCOM...

Hi Olu,

>the low-risk entry point to QCOM is b/w 60-64. That seems to be the 'bottom'. However, watch for close under 60, on vol greater than 20 million<

Do you have any new thoughts on QCOM? I still have a position in QCOM...and decided to hold the stock, even though it closed below 60 yesterday.

I'm thinking of taking the "Mark Fowler" approach to the stock market for the summer....and just holding some core positions in certain stocks, having more cash in my account, and spending more time away from the computer.

Have you ever followed JNIC? I owned this in October, but sold it in November after it went up so dramatically in value. I just bought a new position in JNIC yesterday when I saw it trading below 30.

Thanks!

Libbyt
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