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To: jjstingray who wrote (72241)4/27/2003 9:49:20 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Yep. I may think about some calls also. If the stock rallies, they'll make money. If the stock breaks support, the odds are that the implied volatility will go up and soften the loss. A significant gap down on the open, I think, kills this idea. A sharp move or a gap to new lows imo might be pretty bearish.



To: jjstingray who wrote (72241)4/27/2003 8:29:46 PM
From: Jerry Olson  Read Replies (3) | Respond to of 209892
 
jj

QCOM gave 3 consecutive sell signals from the double top at 42 in Dec broke a double bottom at 38 then a triple bottom at 35 then another double bottom at 33 recently..this stock was a short all rally stock...

nothing has changed this chart...target is 28..coming up soon...