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


To: The Reaper who wrote (44767)10/14/1999 4:57:00 PM
From: RoseCampion  Respond to of 152472
 
Didn't one of our members target a 204 7/8 close on Friday due to options expry?

But did it through a process that was openly admitted to be "one step above reading goat entrails".

Beg to differ on one point, however: "brilliant" would have been having enough faith in said prognostication to sell some of my calls at 220+, or to have bought the Oct200s at 2+ this morning. (Didn't do either.) "Dumb" would have been to buy the same Oct200s at 9 yesterday when we seemingly bottomed out at 206 or so. (Unfortunately, I did.)

Dearly wishing (with a little help from Alex Cena) to be wrong and find out it's at least 209 7/8 instead;

-Rose-



To: The Reaper who wrote (44767)10/14/1999 5:20:00 PM
From: MileHigh  Respond to of 152472
 
Classic hammer formation~ a reversal stick on nice volume after 2 days of declines, looks like all the sellers were shaken out, we'll see though. I can't wait to see what happens when everyone figures out the DSP deal is positive for QCOM.

God Bless America!

MileHigh/bought a bit more @ $194.69