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

To: RocketMan who wrote (61870)	1/12/2000 6:35:00 PM
From: Jill	Read Replies (1) \| Respond to of 152472

Hey Frank & Rocketman--it's not either/or, black and white. As Frank knows himself since he has leaps on QCOM, and they are options. And short long or medium term is defined differently by some (for some short term is in this hour out the next, for others long term is 10 years) Because this market is as edamo characterized it a while back volatile with an upward bias, and the premiums are rich, playing options with a portion of your portfolio can be very lucrative. Selling puts can be considered by some to be playing the house, as you're taking in cash. Buying DIM leaps or DIM calls as stock substitutes that move point by point with the common but offer far greater leverage for your buck can be another "safe" play. And in what Voltaire called time compression before the split, there was to be had, as he said, "a killing in calls." Anyway, I personally know what Poet's portfolio has done and it's outstanding. She has a genuine feel for position trading that is impressive. She'd be nowhere near where she is now without that. That said, it seems a time to consolidate, and hunker down for a late winter early spring correction, with "dry powder" on the sidelines to buy. Jill