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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.53-0.4%3:59 PM EST

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To: waverider who wrote (77039)7/19/2000 11:13:08 AM
From: edamo  Read Replies (2) of 152472
 
rick...."play ta"

posted yesterday before market opened to mucho that qcom was topping....this was prior to analysts comments....it reversed momentum yesterday and depending on news or lack of same can move to mid fifty range. it was a bit overbought, best to selloff, and move up again.....

be cautious in this instance as news will over ride short term technicals......great news and upside volume will return....expected or bad news/cc and the market will again punish......

other "wild card" is options expiration, this combined with news can create extreme volatility/opportunity....

good luck...ed a
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