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


To: John Carragher who wrote (125913)12/7/2002 10:47:57 AM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Re : put / call ratio for Qualcomm -- thanks for pointing this out !

Even though I am not a fan of "technical analysis" for securities prices, I do believe in the concept that if everyone "hates" some stock (or commodity) while it is clearly rising in price ...

It probably means that a lot of those people will end up "throwing gasoline on the fire" at some point in the future.

(When they finally give up and cover their short sales, or give up on playing things from the put option side, and start doing call options).

Jon.