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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (20892)7/18/2001 11:20:34 PM
From: mishedlo  Respond to of 30051
 
Well in my newfound mode of "taking profits when offered" ggg (and thanks) I intended to take my $2 on the discount of QCOM tomorrow anyway.

Will put in another short sell at $64 or so.

Am I learning anything here?
Maybe I will not go broke after all. more ggg's
Now, what to do with BRCM. A point or 2 ahead but I think this is toast.

MU reshort looking OK as well.
Will just hold this now and add to shorts on any bounce.

Current thoughts on expiry??????
Turnips on EBAY would be especially appreciated.

Would love a nice bounce on Friday since I closed 1/2 my QQQ puts (something I should have done at 1950 or whatever it was).

At this point on the index it is almost amazing what 50 points can do to stocks. It does not pay to be wrong at all at this level.

M



To: Zeev Hed who wrote (20892)7/19/2001 9:13:41 AM
From: Doug Shapiro  Read Replies (1) | Respond to of 30051
 
"QCOM could easily go to $65 and back by Friday to $60. "

premarket back up to 64.5 I am out at 64 at a profit

short rfmd from 22.5 premarket

thanks Zeev