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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Temple Williams who wrote (75959)4/25/2001 6:16:39 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 99985
 
Temple, You don't think Qcom will affect the open tommarow. Several other companies warned as well. I am 70% long yet sold calls on all of them, and am 30% in Leap Puts. I won't fight the trend (if one can be determined) but have a sneaking feeling we may still have a hard selling any time soon. I am skeptical of a 'no visibility rally'. Seems like gambling being excited long in here. Steve D. Ps. Thoughts?