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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: marginmike who wrote (79353)9/3/2000 9:25:58 PM
From: waverider  Read Replies (2) of 152472
 
Mike...from the low volume we've had the last couple weeks and the interesting point on the NAZ chart Friday (almost exactly the last high)...I think we are being set up for another correction. I'm just wondering how high they will take PMCS, BRCM, and the like before sheep shearing again.

Wireless is out. Retail is getting whacked. September/October we probably get some "OH GOD, earnings are slowing down" stuff. Agree we probably won't be taken down much, but I am not comfortable buying much in here.

PSFT has been nice to me recently and could continue to be a fertile stock to trade.

Rick
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