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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%3:59 PM EST

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To: Cooters who wrote (43673)10/7/1999 10:45:00 AM
From: Jim Willie CB  Read Replies (3) of 152472
 
old ceiling becomes new floor, exactly, TA101
old high was 197-198 from two weeks ago
"fundies control the toss, technicals control the bounces"

realtime Q = 205 1/4

next new floor already determined, at 207-208
coffee is now brewing there
this is very much according to TA script

I believe bonds are holding us back somewhat
longbond yield got over 6.2% SHIT
it is relaxing now
but Fed did its job, no action, much talk, tight bias

/ Jim
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