Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.96

+1.4%

Nov 11 3:59 PM EST

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To: Ibexx who wrote (73298)	6/5/2000 5:38:00 PM
From: Ibexx	of 152472

Some encouraging words about the general market direction in weeks to come - from noted option/TA expert Bernie Schaeffer: S&P 100 Index (OEX) Rockets Seven Percent Higher Last Week 6/5/2000 2:23:04 PM Last week's significant move in the markets created some record-setting one-week returns. The S&P 100 Index (OEX - 792.24) increased in value by over seven percent during the week of trading, a feat that has only been accomplished by the index four other times since its inception. Of the four previous occasions the OEX has increased by over seven percent, three have happened just as the market began a recovery from a major bottom (see the table and chart below). Judging by these previous trends, the OEX could have more upside potential over the near term. schaeffersresearch.com Ibexx

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