QCOM's rocking. Settle down Jim.
It's a beautiful thing, but can QCOM maintain any length of time above 150? That's what we need here.
There may be another attack on 160, like last week. But we definitely need Nokia news to stay above 150 and, certainly, above 160, for any length of time. Without it, we're going to retrace to the low 140's or, maybe even, the 130's after earnings. JMHO.
I don't know about this WTO thing. Even good news regarding China, however strong for ASICS, somehow, to me, will not be taken seriously on Wall Street.
Porchin' on my cellphone to Finland, not China, John |