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Pastimes : ASK Vendit Off Topic Questions

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To: YlangYlangBreeze who wrote (5849)12/26/1999 4:05:00 PM
From: Venditâ„¢  Read Replies (1) of 19374
 
YYB

Although I do have a margin account I use it rarely and always with caution for the reason that has brought you to this thread. Ive never received a margin call so I dont really know the ropes in that area.

I see some familiar handles on this thread and Im sure you can get some straight answers from someone there.

Message 2724663

As far as QCOM's future you may be interested to know that I own a few shares and I also follow it technically on a daily basis. I will give you my read if you don't mind.

askresearch.com

In the above chart you I see every single technical indicator has been negative with sell signals in place for about two days.

Now with that said let me also point out that Q likes to bounce off of its 10 ema (the green line) which is just about $450. In a worst case situation I see good support just above $400 but think that may be stretching reality just a bit as $400 being a true possibility. I do think $450 will become a reality on Monday.

I'm looking for a volatile market this coming week because of the year ending and fund managers doing their year end window dressing ect.

All IMHO

Reid
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