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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.02-1.5%Dec 31 3:59 PM EST

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To: chojiro who wrote (122138)7/25/2002 5:35:49 PM
From: Andrew N. Cothran  Read Replies (1) of 152472
 
Chojiro:OT message, probably should be sent via private lines. But here I am on this thread. Pardon, everyone but Chojiro.

Glad to learn that you are standing aside in the gold markets for a bit. I have watched the leading stocks from a distance since my last foray. Had sense enough to sell AU at 34 and GG at 13. Tempted to buy back but am disturbed to see gold sell off when the market really tanked. Not supposed to do that. Is supposed to be a contrary indicator. Maybe the powers that be played around in the bullion markets to turn the price back down as it approached $330 per ounce. Feds can't afford a rising gold price and a falling dollar at the same time. Gets them to really itching and triggers them to try to manage the market against a gold price rise.

Right now, I am having reasonably good luck buying and selling calls on the OEX options chain. Really fast action. But you'll lose your shirt if you are not careful.
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