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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%12:59 PM EST

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To: DaveMG who wrote (45052)10/17/1999 9:57:00 AM
From: limtex  Read Replies (2) of 152472
 
DMG -

Well all the macro data don't look improving. Lets put it that way. Sounds better than bad and the macro data is in fact not bad.

After all if there is a real turn around in Europe and Japan well a huge number of US companies are going to be amon the first to benefit from those improving markets. In fact they shouuld thereby be helped to tunr in even better numbers the more we get into it since the $ is depreciating against the Yen and the Europena currencies. That should help US companies even further.

Now as regards all these charts, well what should we calculate or is indicated as a bottom?

+9,000
OR
+8,000
OR
+7,000
OR
+6,000

There must be an idea as to waht is a sustainable bottom. I have heard 9,300 on the Dow but then there is the NAZ?

Best regards,

L
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