Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.54

+0.4%

3:59 PM EST

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To: Poet who wrote (60676)	1/7/2000 2:04:00 PM
From: Jim Willie CB	Read Replies (5) of 152472

TA: I got the support level wrong, sorry emotions ran right over the significant 155-160 support now as market nerves simmer down, and calmer normalcy returns, we are likely to see the benefit of unwinding coiled nerves on an intraday basis, very shorterm, we have the makings of a powerful reversal... 140 has held nicely, with penetration below this morning lasting less than 30 minutes... that is just enough time to allow the naive and acne-faced kids a departure... with earnings likely to be strong, and people buying again after this fever has now apparently broken, we could see a very pleasant reversal... in the past several months, I have noticed countless pattern reversals... oftentimes it allows a call of bouncing off some level and holding at another (purely in symmetric fashion) if we get a symmetric reversal, with techs rebounded much like what the Dusty Dows did this week, we could see 170 or 180 very very quickly what we need is for the fever to truly break to all negative moron readers: please engage ignore button on my name thank you very much / Jim Willie

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