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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.78+0.1%3:59 PM EST
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To: Jim Willie CB who wrote (71308)4/27/2000 7:08:00 PM
From: marginmike  Read Replies (1) of 152472
 
Jim as a believer in TA, you remeber the 105 support we had since late Jan. We came down hard 3-4 times and the 105-110 area buoyed us. I think that the 105 number is reacting in the opposite way. I think many people who are scared are waiting to get out and the see 100 or so and say I am gone. I think we are going to be stuck between 96-103 range without news or super rally. I think ASIA is booming and the fundimentals have never been better, I think CHINA will be acreative by the Fall and HDR is coming sooner then everyone thinks. We are not going up like a rocket but were not falling much from here either. Its time to scrape the bottom and rebuild!
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