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


To: Cosmo Daisey who wrote (40961)9/14/1999 1:03:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 152472
 
Cosmo: thanks much for posting the 20% correction analysis yesterday; this, and the ongoing support from fundamental analysis on this thread gave me the courage to hold on during the downdraft;
your take made it clear that this was not abnormal behavior for the Q.
Now I can sell my Sept155 puts I bought for the worst case scenario; it cost me 1 and 1/2 points for this "sleep at night" protection; fortunately offset by the leaps I purchased on yesterdays 12 point dip. Thanks also to JWillie's TA giving a reasonable range for the 50 day support; it helps not to take these measures too literally/exactly.
Good luck to all Q longs from a relatively new Q shareholder.
Regards
James