I do not know about QCOM, the $60/62 area has a lot of resistance, I got out, prematurely earlier today (for those complaining I am always catching the highs on selling <G>), but the market looks very healthy and the rally is no longer stealthy but it starts and takes on the "monster" dimensions the turnips alluded too. I am taking my hat off to those turnips. On April 23 they summarized their view for the next few months action including a low in late May, and since then they have been crowing about "The Monster is coming, the Monster is coming", and so far, they really barely missed a beat, including the prescient warning signals in mid to late March, what roots are those? I am quite a fan of those turnips, but this time, they outdid themselves, I probably should go and "crow" on the MDD thread, but I will abstain (G).
Zeev |
