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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (105476)9/24/2001 2:58:24 PM
From: Pierre  Respond to of 152472
 
a daytrader's perspective.

Nerves, Uncle. 46 happens to be both resistance last three trading days, and today's low. I had planned going long the Q* for a run to mid 50s, and then re-assess - but essentially looking to build a core position. My sell was prompted by a foreshortening of my time frame. That was prompted by fear. As I watch the Q* now trade at 47.67, greed is kicking my back side. This is a tough market, and I just plain lost my confidence in having picked the bottom.

Pierre