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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Tommy Dorsey who wrote (64390)1/26/2000 9:59:00 AM
From: HairBall  Read Replies (3) of 152472
 
Tom: I have to admit, it would have been better to have made the call QCOM was 100% overbought at $198 back around the first week of January. I did...

For trading considerations we shorten the time frame and the 100% oversold level is $121 which would be a strong call buying level. Well I would expect an overshoot, but I guess a 40% drop is not a bad place to start...

By the way....VOLUME DOES MATTER...<g>

QCOM is going lower...

Regards,
LG
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