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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (69157)11/2/1999 12:18:00 PM
From: DayTraderKidd  Read Replies (1) of 120523
 
I already shorted qcom near the highs of the day. My reasons are as follows.

First, it is over bought.
Second, they don't have the authorized shares available to announce a stock split so I believe that even with good numbers it will sell off. I anticipate that to begin near closing.
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