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I haven't been reading this board for a while. I fully agree with you dbPhoenix on your buying strategy (heard a lot about your TA skills, and I own a Mamis book - just haven't got the time to read it yet). I may or may not buy Qualcomm (I do not own any shares at this time), and I was a bear when the stock price was above $100, because I didn't believe the valuations at that time was sustainable. I may start buying (shares or call options), if it falls below my target price as a value play and wait for another run-up, or keep for the long term if management gives me a higher comfort level (at this time I echo DD's sentiments in some of his earlier posts). I believe that the lower the price the less is my risk and the greater is my reward, Gorilla or not.

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