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

To: CAtechTrader who wrote (79496)	9/6/2000 10:16:56 AM
From: mightylakers	Read Replies (1) \| Respond to of 152472

Rick, I have always advocated the use of stop loss orders Then you would've lost big if you had EMLX. <ggg>

To: CAtechTrader who wrote (79496)	9/6/2000 11:07:44 AM
From: waverider	Respond to of 152472

OK, I shall call back all my surfer buds who were gonna tip over your car... That said, stop loss orders are an excellent way to be taken out at the wrong time. I'll use mental stops and sells on trades so the execution will be under MY control...but with long term things I generally hang tight which is what I did with QCOM. The stock and the past year's story were unique to me and I was like a gremmie stuck going over the falls...all I could do was scream. An experience I plan on learning from. As to my attitude...well, I sure hope you haven't been using it as a contrarian indicator (as you indicated) to buy since last Friday... Things are better when they are cheaper. Rick

To: CAtechTrader who wrote (79496)	9/6/2000 11:34:00 AM
From: ratan lal	Read Replies (1) \| Respond to of 152472

CA, when you place a stop loss order and it gets executed, do you try to get back into the stock? And if so what the becomes your criteria? In other words if you get back in and place another stop loss and that gets executed...... That's been the story with QCOM since it hit 200. The stock price didnt just go straight down. It went down, stop loss hit, it went up, then down. Investors could have bot and been hit with stop loss many times over. Remember its difficult to time the market. And in trading you have to time it twice. Once to buy and once ot sell. SO there are 2 chances to screw up. I just stayed with QCOM and know that one day it will be back to its old highs and higher. My time frame is long enuf to wher the intermediate price fluctuations dont matter.