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

To: waverider who wrote (111308)	1/22/2002 3:12:07 PM
From: Andrew N. Cothran	Respond to of 152472

Agreed, waverider. I used the cliff image only because it was so handy. I am really not at that point in my investing life. But on the other hand. . . . . But your point is well taken. FWIW: My covered calls are somewhat above current prices (average is about strike price of 60) and I try to stay near term. I keep rolling from month to month. It has kept my portfolio steadier than it would otherwise have been. If in fact, QCOM is in a range bound trading cycle as some seem to believe (between 40 and 60 appears to be the concensus), then I am alright. I would suffer only if the stock spikes up into the mid to high 60's.