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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.00+0.4%Dec 9 3:59 PM EST

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To: Jim Willie CB who wrote (39974)9/7/1999 8:37:00 PM
From: MileHigh  Read Replies (2) of 152472
 
Jim,

It was all about the 50 day MA, the weak hands being shaken out, the volume tailing off after the 23 point move down which means the heavy selling is over, and barring any more bad news we now build another solid base to move up from. The shorts will start covering as they see the Q does not violate its 50 day MA-- again.

That's my story and I'm sticking to it! <gg>

MileHigh
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