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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: biostruggle who wrote (21702)1/20/1999 4:05:00 PM
From: marginmike  Read Replies (2) of 152472
 
It was a tough play today, but after H&Q downgrade I lightened up on stock, sold my calls, and bought put's. I hate to bet against the Q, but I refuse to not lock in some profit this time. I kept 1/2 of my position 'just in case' I am wrong. I also think the market is due for a correction. I will get back in at mid fifties, I dont think we will see 40's unless market is punished again.
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