Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.72

-4.4%

Nov 4 3:59 PM EST

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To: kech who wrote (132810)	1/16/2004 8:41:40 AM
From: Andrew N. Cothran	Read Replies (1) of 152472

Not one of Morgan Stanley crowd but am short Jan 60 QCOM calls. My short (covered) is based on my readings of "max pain". I have used this technique quite successfully in the past trading QCOM calls against my stock position. A few times I have been wrong. But most of the time I have been right. If the big boys keep QCOM at or slightly below 60 today, then I am right again. If not, then I will cover my short and wait for February.

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