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Strategies & Market Trends : Rande Is . . . HOME

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To: baddtiming who wrote (34300)	9/9/2000 7:40:06 PM
From: American Spirit	Read Replies (1) of 57584

SDLI is already up about 1000% for the year. I don't play high-fliers. I wouldn't have bought QCOM at 600 when the big brokers came out and gave it a target of $1000 and I was right. One little dose of reality and it came post-4x split down to $200+. I would buy something like SDLI if it falls back to earth, maybe in the $100 range. No company can sustain earnings growth like that forever as QCOM has proven. Wait for it to fall someday then trade it off the bottom. Fallen high-fliers can be great trading vehicles once you guess their trading range. I traded in and out of QCOM recently four times and made money every time.

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