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


To: Tommy Dorsey who wrote (64390)1/26/2000 9:59:00 AM
From: HairBall  Read Replies (3) | Respond to of 152472
 
Tom: I have to admit, it would have been better to have made the call QCOM was 100% overbought at $198 back around the first week of January. I did...

For trading considerations we shorten the time frame and the 100% oversold level is $121 which would be a strong call buying level. Well I would expect an overshoot, but I guess a 40% drop is not a bad place to start...

By the way....VOLUME DOES MATTER...<g>

QCOM is going lower...

Regards,
LG



To: Tommy Dorsey who wrote (64390)1/26/2000 10:28:00 AM
From: freeus  Read Replies (2) | Respond to of 152472
 
Thanks, Tom, Makes sense.
My long shares are no problem but how I wish I'd sold all calls before '02's on Jan 3rd: that was the "obvious" overbought day.
It's difficult, sometimes, reigning in one's enthusiasm for a great company in order to trade (options) sensibly and realistically.
Freeus



To: Tommy Dorsey who wrote (64390)1/26/2000 1:37:00 PM
From: Didi  Read Replies (1) | Respond to of 152472
 
For trading considerations we shorten the time frame and the 100% oversold level is $121 which would be a strong call buying level. Tom Dorse

What a brilliant call, Tom! Congrats.

Please post here more often.

di



To: Tommy Dorsey who wrote (64390)1/26/2000 1:48:00 PM
From: Poet  Read Replies (1) | Respond to of 152472
 
Tom,

Your input here is invaluable, thanks so much for taking the time to post here today. I'm a big fan and lurk the Piffer threads daily. I've got to make the leap and join you all soon.

Thanks again. Truly.