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mlsoft

07/08/03 1:49 PM

#127595 RE: TJ Parker #127590

TJ Parker...

QCOM is a stock I almost never play since I consider it more of a cult or story stock. Money flow is one of my favorite indicators because when it diverges from price action it is almost always correct, but in this market neither fundamentals nor technicals matter so that would not particularly worry me for a very short term trade like a suicide option squeeze. It is more important for such a play to have a shot at delta hedging and running the shorts than anything else.

mlsoft
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dvdmogul

07/08/03 2:22 PM

#127628 RE: TJ Parker #127590

What that figure is telling you is that the short position is out of balance Better listen.