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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.82+0.5%11:24 AM EST

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To: jmanvegas who wrote (65291)1/30/2000 11:37:00 PM
From: Jim Willie CB  Read Replies (1) of 152472
 
most excellent, JVegasMan... I hate this Fed overhanging
hadnt contemplated the marketcap implications of a takeover

any close under 100 and serious opposing magnet effect on the upside for sure, dude

the chart reveals steady state mean values 140-160
but we cannot get there until we shake the lousy sentiment
we now are dropping below that mean range by as much as we vaulted on upside toward 200

we got ribbons of ranges now of width 20 pts
now in ugly depressed 100-120 range
any removal of unsightly stinky sentiment and we got 120-140
gonna be hard to reach above 140 without certain main events
- like end of unnecessary Fed hikes
- like HDR within arm's length and grasp
- like one or two huge contracts (Siemens, China)

Q will rock again, sooner than the numbnut talking airheads expect

always good to read some common sense from a technical slant
/ Jim Willie
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