Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

Nov 13 3:59 PM EST

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To: waverider who wrote (73580)	6/8/2000 7:36:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

comment on QCOM: volume continues to impress (almost 22 million today) we were rebuffed by the shorterm 18day MovAvg today at 80 then we quickly retreated to old ceiling of 75-76 we broke the bullish triangle I loosely identified earlier this week (flat top of 76, bottoms marked by 60 then 66) next comes an assault of 90 like a hot knife thru mouseturds the only interference between 76 and 95 is a hitch in the gittalong at 88-90 coincidentally, that is where the 30day MA rests now been pondering the pattern lately May's decline was so slow, painful, ugly, and unrelenting then we just sat in the 60's wounded, psychologically damaged I see the makings of a "symmetric reversal" here now, sports fans next we see the upside "units of 10" games as 90 will resist who the SamHill would be selling on the path up to 90 ??? call me a loyal fool, a longterm investor, but I have been adding shares ever since stability shown at 67 money flow surprisingly is NOT improving much but relative strenk IS improving, esp like today I take solace in seeing psychology return to QCOM slowly here enough, time for dinner after a beachy run the heat and humidity are here in Florida saw my first torrential rainstorm yesterday, brief but furious / Jim

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