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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+1.7%1:18 PM EST

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To: Jim Willie CB who wrote (32875)6/22/1999 1:47:00 PM
From: Jeff Vayda  Read Replies (1) of 152472
 
Jim:

be careful... the TA momentum swing target is mid-140's... dont be surprised to see a sizeable (e.g. 15 pts) profitaking at that time... perhaps after approaching 150 on overshoot... who knows exactly? ... we are now in midst of 30% unabated upleg

Not a timer or a TA'er. Too much human and unrelated current/past influences in the market for me to believe in T&A. The Q has been a wild swinger for quite awhile, I'm sure many people have been able to profit from the swings. Me, I was fortunate enough to get in a couple of dollars ago so I'm not worried about price swings on the way to the earnings report.

Jeff Vayda
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