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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.81-4.1%Nov 17 3:59 PM EST

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To: LBstocks who wrote (52651)12/6/1999 11:33:00 AM
From: Jim Willie CB  Read Replies (1) of 152472
 
shorts are likely to continue shorting just under 400 here
they will succeed until they fail
they will eventually fail
we have shorts shorting because of huge runup last few months
we have new shorts shorting due to previous rebuff at 400
we have a classical confrontation of UPTREND vs ARBITRARY CEILING (395-400)
my money is on the UPTREND prevailing
each new retreat from the ceiling will turn up at a higher level

NazComp is unrelenting, maybe looking for 000's
Naz volume is still making history every day
soon we will bemoan its failure to hit a billion daily shares
TBonds are very much behaving and friendly, yield sliding down

Samsung news sounds like more Dick Tracy stuff around corner

road kill coming up with shorts
they will ensure we push nicely above 400 as they cover losing positions
if not this afternoon, tomorrow morning
if not tomorrow morning, that afternoon
if not tomorrow, then Wednesday
it has been written, it will be done

crush they little ballies
/ Jim Willie
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