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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: jjstingray who wrote (14661)12/19/2001 4:47:16 PM
From: ajtj99  Read Replies (1) of 99280
 
jj, I could be wrong, but I think what is happening to QCOM is it is being "portfolio adjusted" here at the end of the year. It is down quite a bit YOY, so that makes it a good candidate to be window dressed out the door by funds and individuals alike.

Look at the Stochastics, they are nearly through the bottom of the chart. Come day after New Years Day, it will be ready for one big bounce, IMO. That bounce may come at 45-47, however. We'll see. I still think they try to "get it up" for Max Pain this week (55).
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