Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: Ron McKinnon who wrote (65266)	1/30/2000 11:27:00 AM
From: Jim Willie CB	Read Replies (3) of 152472

will you be a buyer if/when QCOM drops to $40 again? do you think it will return to its normal range? seriously, 100 has tremendous potential for support it has double zeros and the inherent psychology it was a multi-turn resistance level around Thanksgiving anybody who missed the run over 400 presplit has a second chance now at 400 again support levels have been knocked aside lately but 100 has too much potential to be knocked down also it would take a stock market calamity 200 is not a mark to measure off, rather 180 (closing high) 3/8 retracement off 180 sets the mark at 112 (got it now) the VIX option volatility index is now registering a high 29 strong contra-indicator for relief rally imminently we got 20-pt wide range levels now to deal with: 100 to 120 --- bottom scraping 120 to 140 --- relief rally range (not sabotaged by institutions) 140 to 160 --- later this winter, or early spring (needs mucho news) 180 to 200 --- when HDR is within touch,taste,smell,view / Jim Willie

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