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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dealer who wrote (30482)2/5/2001 2:57:35 PM
From: CAtechTrader  Read Replies (4) of 65232
 
Hi Folks been away skiing for 3 weeks...QCOM is acting very well from both a relative strength and pattern perspective. I feel QCOM is a beach ball under water waiting to pop up. Once the market has gotten past the CSCO report, I think we head up...even if the CSCO report is weak...I mean the stock is down more than 50% so the market has pretty well digested what is to be said. Once the CSCO news is out, the market can begin to focus on the supportive nature of the FED and get back to its implications for growth companies. QCOM will be one of the upside leaders throughout 2001.
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