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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (36250)	4/25/2001 5:13:27 PM
From: Dalin	Read Replies (2) \| Respond to of 65232

Good call on OCPI Scott! QCOM dipping into 53 range...... Looks like I picked the wrong week to quit sniffin glue. <g> :0) Ramblin

To: stockman_scott who wrote (36250)	4/25/2001 8:36:14 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

finally trapped a leveraged winner... with QCOM option puts all that remains is the final bagging, and some shouting the chart shows the beginning of a bullish MACD crossover but that was aborted and betrayed today it is now afterhrs at 54.8 and below all three MA's 50MA=60... 30MA=57... 18MA=57 believe it or not, the daily stochastix has declined in the last few days even while RSI has improved almost daily go figyah but a real solid signal was yesterday's bearish Japanese hammer it opened and closed at the low of the day, with sizeable upmove intraday been accumulating a pauper's quiver full of QCOM option puts May60 contract, was atmoney got some yesterday near 60, then more today as it rose got more than I shouldve, but kept buying like I had rocks in my skull it should head toward the lower barrier on daily stochastix that may well correspond to a 50 price by then I figured how on earth with wireless in the tank could Qualcomm offer promising forward guidance in the next couple quarters ??? also saw what happened to its fiberopt cousin Uniphaz how could theQ avoid a similar unfolding of events? if it rises tomorrow at all, I expect 57 to serve as a concrete ceiling minor support is at 54, where it sits now that was a little hitch of supported reversal in late March major support is at 50, which is what I would like to patiently grab I dont expect QCOM shares to get below 50, except for cupcoffee the only thing to ward off such a move to 50 would be a dynamic Naz I wouldve shared my maneuvering, but havent had good track record in last 70 weeks didnt want to lead anyone into deleterious, if not detrimental positions / jim