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Strategies & Market Trends : Pitbull Investing Strategies -- Ignore unavailable to you. Want to Upgrade?

To: John Langston who wrote (503)11/20/1997 6:12:00 AM
From: Doo  Read Replies (1) | Respond to of 789
 
John: Power Pitbull status or not, QCOM has assumed a lower risk position over the past 3 trading days. Volume has dried to around 60% of average, and the "pivot point" has held up relatively well. A Pitbull stop gives you oodles of comfort at this level. Acc/Dis moved to "A". I like it, especially if the market will give us a confirmation day in the Nasdaq. Seems like you might want to get off paper on this one, John.

Jeff



To: John Langston who wrote (503)11/24/1997 12:36:00 PM
From: JTM  Read Replies (1) | Respond to of 789
 
QCOM has such a high PE, as well as being in a down sector. Has any one seen a 50+ PE pitbull stock run??


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