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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Boplicity who wrote (28451)1/5/2001 11:57:59 PM
From: marginmike  Read Replies (1) of 65232
 
Greg if you look at the Qcom(Jan-april) chart it is baisicly a blue print for NAZ selloff. In comparison to Q we just hit 60, we now rally meagerly until we selloff to 50's on enemic volume. IE NAZ has had second test of low on lower volume. We now need to see Volitility dry up. Qcom bottomed when all interest was lost and volumes diminished. Naz needs this volume washout were we see a 1.2 billion share day or two in a row with litlle MVMT>
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