Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jill who wrote (39987)	9/7/1999 9:15:00 PM
From: JGoren	Respond to of 152472

5.2 million shares with the trading range today, ending up 2 would certainly indicate a lot of strength to me and that a floor has been set.

To: Jill who wrote (39987)	9/7/1999 10:47:00 PM
From: t2	Read Replies (1) \| Respond to of 152472

Jill, I am giving very short term trading a try. You try to pick very short term momentums in the stock and try to make a quick profit. QCOM seems to be a good stock to trade. My real trading is still in my regular trading accounts---the daytrading account is just set aside for "daytrades" only. So far not doing that great but i only have one week experience. Nasdaq level II gives you a different picture that one must try to decode many times a day. It may actually throw you off if you use the same information for your investments or other trades. To me it seems like going to the casino and playing blackjack and not much else at this point. Going to give it more time to decide whether i will stick to it. Since i am also provided an internet terminal, i can still do my normal trading (which can on occasion be just like daytrading) through an on-line broker. Back to QCOM: The one thing that would scare me about being short on puts is that in the event of a selloff in the market----you could be in some trouble. However, i doubt we will see any sustainable downward movements in this market.Good luck with the puts.