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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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To: Ruffian who wrote (53372)12/10/1999 9:35:00 AM
From: Jim Willie CB  Read Replies (3) of 152472
 
Louis Navallier appeared on CNBC this morning during 7am hour

first: Japanese Candlesticks show a strong "hammer"
it is a nice reversal pattern, a bullish signal
bond yield is sliding down, strong support for stock gains

Louie's comments:
stock market rally has begun, will be huge
technology is leading the rally clearly
the rally will continue and run up to April2k
we stall in April
we correct from deep overbought condition in May

earnings are not the driving force here
momentum is what it is important
(this is nonlinear, as VoltMan says)
telecom is in the center of the rally

did anyone else see the entire interview?
I caught it from 7:15-7:20 or so, the last portion
I would love to hear any additional details
Navallier in on my Genius List

thanks, Jim
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