LindyBill,,,, Understanding the situation,,,, I have been in the communications business for 20 years, at least the last 8 in wireless. So from a technical standpoint I certainly understand the situation. Now onto the stock market,,, My feeling is that a ticker symbol and its associated company sometime do not have alot in common. Now onto QCOM,,, It looks to me that we are seeing a ton short sellers loosing their buts and covering there positions at any cost. This however in my opinion brings in another group of eager short sellers which could make this one of the most volatile stocks on the street for a while. So from a traders perspective,,, "its when you sell that counts". No profits (or losses) until the deal is closed.
Anybody taking profits here ?
Regards,
Mark
p.s. - The oil service stocks have out performed most of the market in 99' ! |
