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jenna

10/31/03 12:07 PM

#19025 RE: jenna #19024

QCOM 2-trend day shorting an early rally intraday resistance/support tested and looking good as a long with tight stops. (A STRANGLE OR STRADDLE THROUGH EARNINGS)but playing this for any 2-trend days we might get (No scalping just REVERSAL TIME trading) There is no way of knowing where this is going on the daily chart so the best way to play QCOM is only INTRADAY at key support/resistance using REVERSAL TIME trading strategy. The 47.50 calls and puts as a STRANGLE so far. Picked up the 47.50s at the spike high (puts) so we are strangling this in both directions. If anyone has a money-back guarantee where this is going, I'd like to hear it <g>