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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (32855)6/22/1999 10:43:00 AM
From: biostruggle  Respond to of 152472
 
Two downgrades so far. We need more. The shorts must be really panicking when they see Q go up on downgrades. Means Q is never coming back. Still find its fair value level at around 150.



To: Michael who wrote (32855)6/22/1999 10:48:00 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 152472
 
<<and ta is for fools,imho>>
claim of "fools" and "h" (humble) are inconsisent
the arrogant who ignore the technicals are bound to suffer occasional 15-30% declines which they cannot explain

next target: 143 with overshoot to 150 possible
/ jim



To: Michael who wrote (32855)6/22/1999 12:02:00 PM
From: Kayaker  Respond to of 152472
 
ps : I never trade options, i consider that gambling, and ta is for fools,imho

Depends on the strategy. Some (eg, buying out-of-the-money short term calls) are gambling, some (eg, buying 2002 LEAP calls) are fairly conservative, and some (eg, shorting puts) are less risky than buying shares.



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