Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.24

-2.4%

Jan 13 3:59 PM EST

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To: Boplicity who wrote (52964)	12/7/1999 4:33:00 PM
From: Jim Willie CB	Read Replies (5) of 152472

Frenchie, respectfully disagree again if 400 offered real resistance, then we would end up at 380-387 as sellers beget sellers... not the case here... we continue to chip away at 400 sellers... not the case that doubt is building, rather that resistance is diminishing we dont need news... the effect of the upcoming split is huuuugge news enough... as VoltMeister keeps saying, the "time" is approaching or compressing or running out, depending upon your perspective how can you claim resistance is on the increase if Q was 402 with three minutes left? ... the close was pure manipulation by the MMakers... the only doubt is that too many sellers remain news will only compound the effect we are seeing... my real best perspective is that the real bigplayers are waiting for the MACD to crossover... it might happen by the end of this week... each successive 10-day moving average will now see a 370 replaced by a 400, giving a 10MA rise of about 3 pts when the MACD crosses, hold onto your jockstraps and geestrings, because even less time will remain between that moment and the split did I miss anything, Hayseed? / jim

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