SI
SI
discoversearch

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: marginmike who wrote (44999)10/15/1999 5:31:00 PM
From: Jim Willie CB  Read Replies (5) | Respond to of 152472
 
MMike, with all due respect
you claimed I made a big mistake on Monday selling Qcalls
you thought with Geneva conference, QCOM onward upward

Dow 10,080 is important, to be sure
but psychological 10,000 level will provide support
also, March 10,000 peak will reinforce importance here
80 Dow points is extremely minor

so what if Dow comes down to 9700?
it can easily recover from there and rise higher

BigHouses had no great urgency to ACT today
if they sold large index calls, they profited today
so BigHouses did not jump in today
they can jump in next week, and profit just the same

you focus on Dow alone and make a conclusion
check out my "ON MAJOR AVERAGES AND MARKET LEADERS"

dont forget Treasury Bonds came off their rate highs today
that is significant

take a gut check, take a wider view
/ Jim