Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.33

-1.0%

Nov 25 3:59 PM EST

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To: Boplicity who wrote (45020)	10/16/1999 12:02:00 PM
From: FlameMe	Read Replies (2) of 152472

Greg, I agree. I think if they rally out of the box on Monday it will be met with selling. To get a sustainable rally, I think we need either a) good CPI number and a few economic reports showing weakness, b) an immediate Fed hike, or c) a big down and then reversal day. The best scenario would be for the Fed to hike on Monday causing a huge drop and reversal, then not so bad CPI on Tuesday. But, it won't happen like that. I do agree with the others that the sentiment in the market is at levels associated with a bottom. I even think Friday could have been a bottom if there were a very positive catalyst to appear this week. But, I don't really see one yet. Guess we will see. Regards, Ross

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