View my post from yesterday. I was long then sold
my position after yesterdays run. I went short this
morning and I'm enjoy the run this way
Remember after a parabolic run the stock will either
retract or consolidate.
I posted exactly what qcom will be doing
yesterday. View my post. After a parabolic run the stock
will eith retrack or consolidate.
especially for the months of sept & oct. The wrost months of
the year.Get back in Nov.
Don't get me wrong QCOM is a great stock for the
long run. I will diffently be back in a long position
I sold my Aug. 155 calls today for a
nice profit. It's now time to ride the other direction
at least until after Oct.
I also base my
decision to go short because:
Williams % R
Also we're coming into the
wrost trading months of the year Sept. Oct. This can be
verified by doing some research. Look at a history chart
for QCOM. Look at the months of Sept & Oct. need I
Yes we may go up over the next few
days, but between now and Oct. prepare for a
correction. We'll have a major dip between now and Oct. then
I'm back in.
Just my opion.
I just got out of my position. Beware of a up
coming retracement. Today we had a parabolic run.
Usually when this happens the stock
Take your profits and enjoy or you can always go
PAY EXTRA ATTENTION TO THEIR TOP HOLDING. GO
Wowstores.com, Inc. Announces
BOCA RATON, Fla., May 5 /PRNewswire/
-- Wowstores.com, Inc. (OTC Bulletin Board: WOWS -
today that its board of directors
has approved a twenty-five-for-one forward stock
split of the Company's common stock.
Record date for
the split will be May 12, 1999 with the distribution
date set for May 19, 1999. The Company's common
will be quoted on a post-split basis as of May 19,
1999. Herbert Tabin, CEO and President, commented, ``It
is important for
us to broaden the marketability,
distribution and liquidity of our stock to all our