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


To: phatbstrd who wrote (63647)1/23/2000 11:05:00 PM
From: Jim Willie CB  Respond to of 152472
 
PhatMan, you make a great point
one truism with trading for me: often early in big beliefs
so we got post-earnings possibly: trade show, vendor new products, analyst upgrades with increased estimates

sounds good to me
I like to cock the rifle for hedges
gonna take restraint to remain cocked until we truly stall
I will watch QCOM relative strength, MACD in particular
our upcycles are typically 3-6 weeks
that would take us to mid/late Feb
I just dont think we got a long upcycle here

gotta clear up a bad joke
I didnt own 60,000 QCOM option calls
I didnt own Qcalls controlling 60,000 shares
not even close, but it was high enough to kill sleeping patterns
it was an exaggeration joke, sorry

strange stuff going on with overall market
I regard it to be Post-Y2K effect
last week for the first time in recent history, every day this past week Dow was down, every day this past week Naz was up !!!

that is true rotation on grand scale in clear fashion
we gotta watch QCOM versus S&P versus NazComp

thanks, Jim