Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+1.7%

1:18 PM EST

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To: Uncle Frank who wrote (44061)	10/11/1999 11:45:00 AM
From: Jim Willie CB	Read Replies (3) of 152472

Uncle, read it and weep confession: QCOM is the easiest stock I have ever seen to make technical calls reason: perpetual longterm uptrend, dominant nearterm uptrend I dont expect that to change in the next three years after a minor pullback, a strong third leg to 234 vicinity I plan to capitalize on it 215 to 235 is worth riding, dont you think? by then NazComp will provide wind at our backs THAT IS MY NEXT MOVE then comes a pre-earnings profitaking session classical Elliott Wave calls for double leg down my guess is second leg down will be roughly in the same price as the minor pullback imminent (214-218).. maybe 220 next range: 220-235 NEXT BIG POSITION: JANUARY QCOM CALLS AFTER DOUBLE CORRECTION /JW

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