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


To: techguerrilla who wrote (63668)1/24/2000 3:04:00 AM
From: waverider  Read Replies (1) | Respond to of 152472
 
techman...mucho thanks! such nice words...

about the price, hmmm...well I think I've mentioned this before, but with options, ya gotta have your gun cocked and ready to shoot when the time comes (sorry Jim, I liked your post). That means, once the stock has acted the way you want and you have a profit, sell into the strength...which should be part of your exit strategy. Timing is everything here.

So my predetermined Feb $170 call strategy was (is) to buy on weakness (check...did that at $143) and hold AFTER earnings are released (haven't done that yet). I am prepared to lose the ENTIRE call amount on this deal. Call me Cool Hand Luke. If I'm wrong, at least I know my emotions didn't interfere in the decision making process. DEADLY.

Looking for at least a double...or a total loss. How's that?

Rick