Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Ruffian who wrote (71479)	5/4/2000 9:56:00 AM
From: Jim Willie CB	Read Replies (1) of 152472

hey Ruff, QCOM is backfilling some more painful to keep hearing this but it is true a real strong base at 105-115 is needed for the summer run got a daily stochastic crossover happening now with QCOM this bear crossover is two days behind the NAZ similar crossover it is taking QCOM down today we saw 108 again good news is that volume is microscopic I was extremely amused yesterday when TomGalvin came out precisely when the NAZ was at a low, but more imporantly when the NAZ was touching the lower boundary of our new shorterm upchannel we have an intact upchannel in NAZ over the last three weeks it just saw a bounce yday off its lower boundary thank you, TomG we may see some NAZ relief today for remainder of day Fed Chief Greinstein is focusing upon bank derivative risk he is NOT taking stabs and jabs at the stock market this is good for stocks for the rest of this week but market worry about Fed policy will serve as an overhang until May16th FedMeeting ends good to have you back from vacation / Jim

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