Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.28

-1.7%

3:59 PM EST

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To: Sawtooth who wrote (37908)	8/11/1999 10:50:00 AM
From: marginmike	Read Replies (2) of 152472

I am holding on reluctintly, if not for Taxes I might have sold some q and re-entered later too. The dow is going to 9500, and everyone is in denial. The rates are going up, comodities are going up, and bonds are sinking. This has been a liquidity driven market. The liquidity is drying up, and it could get real nasty. I have sold all my stocks except the Q and 2 others(huge losses so I will ride them out). my hope is that we have a huge quick correction(one day) and then a bounce back like last October. The economy is great and people have alot of cash to invest. We need to et the market to a point where it stabilizes. If you look at DOT as a lead indicator the Dow is about to take a plunge. I dont love TA but every signal is pointing at this. the sentiment, is also not that negative. Its kinda negative, but the Naz has drop 13% and people are pretty ho-hum about it(outside the internet's). Go back to last october when people were really freakin out. When I see that I will call abottom. I CANT TAKE THIS SLOW HEMORAGING!

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