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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: mishedlo who wrote (79472)	7/4/2001 1:39:04 AM
From: bobby beara	Read Replies (1) of 99985

To:Venkie who wrote (111151) From: mishedlo Wednesday, Jul 4, 2001 1:27 AM Respond to of 111198 57-59. Hell wasn't it below 50 not too long ago. PE is absurd. Stock rallies on no news that was not already known. Nice timing of news on a quiet light day. That does not mean QCOM at 57-59 will not bounce. Looks like good support at that level. But... Will that be in the midst of a huge decline oor not? If I had any guts I would sell naked calls right now. >>>>>>>>>> although i would steer most people away from high risk option trades that can take you outta the game, i have to indicate here that it is often the best trades are made when it is most painful to do -g-

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