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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%3:59 PM EST
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To: 16yearcycle who wrote (81081)9/21/2000 9:58:15 PM
From: marginmike  Read Replies (2) of 152472
 
I hate to be the BEAR, but the market was looking for an excuse. We NEED a bloodletting to finally bottom out this market. We will get it in the AM. The fact is Earnings are not acelerating, nor is PE expanding so stocks need to be taken lower. The Economic cycle is on the downslide of a historic move up. We need to consolidate and prepare for the next move up. This takes time and capitulation. The rest of NAZ needs to do what Q did already.
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