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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (96676)11/19/2010 9:04:32 PM
From: BDAZZ  Respond to of 196546
 
>>going long QCOM at $36 again, than shorting it at $48. But the chart says shorting QCOM at $48 has worked, for the last 10 years.<<

Sorry, I thought it was supposed to be simple. Long at 36, short at 48. But now that we're at 48 seems theres a little more to it. There always is.



To: Jacob Snyder who wrote (96676)11/20/2010 12:35:37 AM
From: Paul V.  Respond to of 196546
 
Jacob, did you see the following Kipplinger Report. It echoed your forecast.

Bulls will run the market again in 2011, despite a U.S. economy limping along in recovery, widespread unemployment and political restlessness.
Total return for S&P 500 stocks: 7%-10% with dividends...on a par with 9.3% so far this year. That’s in line with long-term broad market averages but well off the 26.5% growth recorded in 2009.
The Dow should top 12,000 by 2011’s end, with the rally likely to continue through 2012.
But beware: It could be a bumpy ride.
We see more downside risk than usual: Budget and trade deficits. Doubts about the dollar. Potential trade wars. And the prospect of inflation, especially if the Fed’s plan to buy Treasuries... aimed at loosening credit...backfires, as some fear. Inflation would likely dampen investor interest. Also, returns trend lower when Congress is split.
Still, odds are earnings will remain



To: Jacob Snyder who wrote (96676)11/20/2010 9:25:23 AM
From: manalagi  Respond to of 196546
 
I will not short Qualcomm at this level - $ 48.