Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: Voltaire who wrote (45284)	10/19/1999 11:46:00 AM
From: Jim Willie CB	Read Replies (2) of 152472

got overhead shorterm resistance at 206 from both moving averages and buyers last week weak-kneed buyers at 206 might exit with a wash satisfied they will likely join the parade by Friday at higher price moving averages are NOWHERE near in alignment right now rallies are hard to sustain when this is the case in next couple days MA's will straighten out much of this is short covering, marketwide and QCOM sure is sweet though I prefer several consecutive up days to one huge up day bonds are docile anyone notice economists revised upward their expected CPI after seeing the PPI? retest of Qhighs is coming to a theatre near you perhaps by end of next week or Nov 1st I personally am not expecting Q to do any better than Naz if Naz cannot make new highs, neither will theQ / Jim

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