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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (30506)2/16/2002 1:52:58 AM
From: ajtj99  Respond to of 99280
 
QCOM has 5-major support lines that I can see between 30-35 right now. If it can get to 30, it should drop all the way to 25 quite quickly, IMO. If this is a H&S drop, the last 5-points below 35 should not be too difficult even with those support lines.



To: ajtj99 who wrote (30506)2/16/2002 12:56:34 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
AJ, you think you are going to short Qcom or buy some puts. I think I am going to buy 100 March 30's. They seem to be cheap and will be cheaper if we bounce a bit Mon/Tues. Once we break $34.50. $30 will come fast.


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