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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: kami who wrote (52262)5/26/2000 11:46:00 AM
From: HairBall  Read Replies (2) of 99985
 
kami: QCOM <----- Relief rally...I expect it to at least rally back to 69/70. We shall see...stops in place!

If it gets above 72, next stop could be 80.

I think the crowd jumped in a little early just above the gap...we shall see! (Always use stops, mental when you can be there.)

Just trying to tag along on a holiday weekend ramp...of course no guarantees...<g>

EDIT: Caution...a lot of selling into these rallies.

Regards,
LG
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