Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.00

+0.4%

3:59 PM EST

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To: Voltaire who wrote (60124)	1/6/2000 3:17:00 PM
From: Jim Willie CB	Read Replies (2) of 152472

CrackerMan, simple arithmetic concludes: TECH SELLOFF DONE old October NazComp high was 2950 the tech Y2K rally took us to 4150 retrace 3/8 to arrive at 3750 current NazComp index reads 3737 TA conclusion: TELL SELLOFF DONE at most another 50 points of moron momentum downside risk load the boat, back up the truck sector rotation, right? retail, pharmaceuticals, food/beverage, financials, NOT Dow already reacted to its bottom both Dow and S&P have strong Cup&Handle patterns they each point to big gains ahead Dow target = 12200..... S&P target = 1650 this is not a time to be emotional or even to watch a climax is happening before our very eyes tomorrow, and esp Monday are new days to begin a new climb / Jim

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