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To: Allan Harris who wrote (14996)7/7/2000 10:07:02 AM
From: adad69  Read Replies (1) | Respond to of 15132
 
How about that call on QCOM!



To: Allan Harris who wrote (14996)7/7/2000 11:17:53 AM
From: Investor2  Read Replies (1) | Respond to of 15132
 
RE: QCOM

cbs.marketwatch.com

It looks like Wednesday's break of the $60 support level was real after all. It's difficult (impossible?) to know whether a dip below a support level is really a break of that support level or just a "shake-out" of weak holders. Once it becomes evident, like today, the price is often 10% lower.

Which brings up the subject of stop-loss mechanisms. How do you prevent your losses from running? [I realize that you still have a huge profit in QCOM. I'm just asking the question as it refers to your general trading style.]

Best wishes,

I2
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