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

To: DownSouth who wrote (59253)	1/4/2000 9:31:00 AM
From: Jeffry K. Smith	Respond to of 152472

DownSouth - I have that book and am working my way through it. "Now, get some rest and stop watching the short term moves. They mean nothing!" Yes, I agree that QCOM is a special stock, but short term is my life at the moment, like it or not. Unless I buy LEAPS and sell shorter term options, I am very concerned with short term pricing on the underlying. For the past two months I have created spreads with the next months call options, a riskier but higher ROI move. That is why I asked the question about how good TA is for predicting downturns - if it is good, I would like to understand it so I can take the necessary precautions. I'm still very interested in anyone's answer to that question. Regards, Jeff Smith