Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.87

-0.7%

2:14 PM EST

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To: SKIP PAUL who wrote (46249)	10/27/1999 8:05:00 AM
From: Jim Willie CB	Read Replies (1) of 152472

good point about downside being in S&P500 with program sells S&P bumped up against its 50day MovingAvg yday and had a bad negative reaction but S&P is still south of the upper boundary of an unpleasant looking downchannel I see 1320-1330 as a barrier on that downchannel SPX is at 1281 now its 50day MA is at 1300 I anticipate a voluminous marketwide selloff in 5-10 days at that barrier it could coincide with Fed FOMC worrywart proclamations five full days before earnings / Jim

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