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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (3336)5/25/2000 4:20:00 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 19219
 
Assuming you're talking about QCOM - looks easy enough to me. Of course, not all gaps do get filled...



To: marginmike who wrote (3336)5/25/2000 4:40:00 PM
From: LBstocks  Read Replies (1) | Respond to of 19219
 
When are you going to buy back into QCOM? Forward P/E now below 50. (I also think the forward earnings estimates are low.)



To: marginmike who wrote (3336)5/26/2000 12:21:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
MM, that had to be one of my worst calls ever on QCOM last night. I thought it would run to low 90's and reverse back down to mid seventies worst case scenario. QCOM headfake from intraday high of 82 and change to close below 70 and back in 60's was unbelievable. Those premiums on OTM June calls are on life support <g>.It is a microcosm of how skittish this market really is.

Best Regards, J.T.


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