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


To: James Calladine who wrote (21057)7/20/2001 2:18:03 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Expiration, tough to say, I think we go up a little here, maybe even into the close, I was not expecting going up until a little later, and right now, the 2032 or so area must be "taken" if we are goin to see the higher range of the trading range. But, just took back positions into the quintet, BRCM at $40.02, BRCD at $31.52, EMLX at $24.12, QLGC at $45.00 and JNPR at $24.82. Also got back into MERQ at $36.01, not much of a discount at all.

In edit, also took another "flyer" on EXDS here at $1.10.



To: James Calladine who wrote (21057)7/20/2001 2:37:35 PM
From: Jacob Snyder  Respond to of 30051
 
Re: QCOM:

It looks like the stock is stalling, right in the same 64-67 area where it has repeatedly stalled since the February selloff. I bought a large position in Jan 65 puts when the stock hit 65. I'm hoping QCOM hits 50 on the next selloff, although I'll probably take profits before then.