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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: surfbaron who wrote (1292)	7/3/2001 11:17:36 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

The NOK news and subsequent upgrades should overwhelm the current stochastics, and could propel QCOM to a higher trading range very quickly. Additionally, the volatility indices are at near lows and short interest is extremely high, both of which can be viewed as indicators of an impending bounce. I think it may be wise to be patient at this point. >> But the next qtr will be dog crap just like last 3. Dr J. said China will impact 2002 fiscal starting in Oct. The market normally discounts further out than 3 months. Imo we're going to see a sizeable move. I hope that's not just wishful thinking. duf