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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: Jorj X Mckie who wrote (1110)5/24/2000 12:17:00 PM
From: John Pitera  Read Replies (1) of 2850
 
of course I bet the piff charts show QCOM support at
55 or so?? how does that sound. one thing is that if it
goes down to 55, we'll see a 30 snap back even if the
big bears are right and we are going to NASD 1800 by the
summer of 2001.

Time is really the most important element at work in this
market.

Price, almost seems irrelevant at the moment.

ie QCOM 105, 95, 75, 55...all very fungible. it does not
matter if it trades at 105 or 55 tomorrow.
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