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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST

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To: marginmike who wrote (81135)9/21/2000 10:29:41 PM
From: lurqer  Read Replies (1) of 152472
 
We NEED a bloodletting to finally bottom out this market. We will get it in the AM.

I agree with most of your post and also believe tomorrow may well provide a temporary market bottom. But bear market corrections usually don't end with as much bullishness as we've seen recently. Suspect we may have a down period here, rally and in a few months another grind down. As you said

takes time and capitulation.

I just don't believe we're ready for the final capitulation for the bear correction that began last spring.

BWDIK

lurqer

P.S. This post is about the market. A particular stock (especially a maverick like Q) can behave very different from the market.
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