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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.35+0.7%3:57 PM EST
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To: Voltaire who wrote (53433)12/10/1999 2:25:00 PM
From: 16yearcycle  Read Replies (2) of 152472
 
V,

I don't doubt the split will help. But we need big e numbers and projections to hold 500, if we get there soon.

I expect us to nail that 50 day ema in February, and break slightly under it. The question is, where will that 50 day moving average be by then? It is possible it will be around 380-400, so if we hit 500(125), we still come down to 95-100 and we get set for the next leg up.

I won't sell at all if we run to 500, even with anticipation of 400 after.
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